Is unionpay business a regular company?

According to the query of UnionPay Business official website, UnionPay Business Co., Ltd. is the holding company of China UnionPay, specializing in the construction of bank card acceptance market and providing comprehensive payment services. It was established in 2002 and its headquarters is located in Pudong New Area. UnionPay Business is the first payment institution to obtain the Payment Business License from the People's Bank of China, and it is also one of the 2 1 key payment institutions determined by the People's Bank of China. Under the leadership of the People's Bank of China and the guidance of China UnionPay, UnionPay strives to improve the acceptance environment and electronic payment environment of bank cards in China by adhering to the concept of "serving the society and facilitating the public", and wholeheartedly provides high-quality, efficient, safe and standardized comprehensive payment services for card issuers, merchants, enterprises and cardholders. Based on the above income, UnionPay Business is a regular company.

According to the Ranking Table of Asia-Pacific Bill Acquirers and the Ranking Table of Global Bill Acquirers published by Nielsen, an authoritative market research organization in the global payment industry, UnionPay will rank first in Asia-Pacific Bill Acquirers in 2020. Nielsen Report ranked sixth in global acquirers in 2020.