Established in 2002 and headquartered in Pudong, Shanghai, China UnionPay Merchant Services Payment Inc.(hereinafter referred to as China UMS) is held by China UnionPay and specialized in the construction of bankcard acceptance market and provision of integrated payment services. China UMS is one of the first payment institutions to obtain the Payment Business License issued by the People's Bank of China and is also one of the 21 key payment institutions which are determined by the People’s Bank of China. With the core philosophy of the company being “serve society, bring convenience to people”, China UMS firmly performs its social responsibilities as a corporate citizen and commits itself to the improvement of China' s bankcard acceptance environment and electronic payments environment, under the leadership and guidance of People's Bank of China as well as close-grained cooperation with China UnionPay. As a result, China UMS provides high-quality, efficient, safe, and standardized integrated payment services for all card issuers, merchants, enterprises, and cardholders.

For more than a decade since its establishment, China UMS has been growing stronger and stronger alongside the development of the payment industry. According to the individual statistics from China UnionPay and professional consulting agencies like CCID Jingzhi, iResearch Consulting and Analysis, China UMS is now holding the leading position in domestic payment market, ranking first in market share for both the integrated payment business in the non-financial payment industry and bankcard acquiring business participated by third-party payment enterprises and banking institutions. As for the Internet payment business, the company is ranking third in the market share. Furthermore, and according to the newly-released Nilson Report - "2016, Annual Ranking List of Top Acquirers Worldwide," China UMS tops the whole Asian-Pacific region in transaction counts of all card categories and types, and ranks 14th worldwide.

  

Ever since its creation in 2002, China UMS has been setting up a service network that covers all cities at the prefecture-level and higher in China. This vast and extensive network stretches from South of Yongxing Island in Sansha, Hainan, to the utter-most North of the country - Heihe in Heilongjiang. Over the years, the service network had expanded rapidly and covers all well-developed, as well as rural areas. In other words, it forms a professional and all-round service system that has nationwide coverage. As a result, all of these efforts have strongly promoted the construction of an overall bankcard acceptance environment, and effectively reflect the active functions of bankcard payment in reducing social expenditures, improving payment efficiency, expanding domestic demand, and boosting total GDP growth. Consequently, by the end of March 2020, China UMS had set up branch offices in all of China's provincial-level administrative regions (except Taiwan, Province of China), and operated a market network which covers all cities at the prefecture-level and higher with a 100% market coverage. With accumulative 26,000,000 contracted merchants, China UMS has become the largest bankcard acquirer and professional service supplier in China.

For almost 2 decades, China UMS has been putting its social responsibilities in the first place. We pay great attention to business risks and the fund security of our citizens and enterprise customers while expanding to the new markets. As we develop our bankcard acceptance environment in directly-controlled municipalities and provincial capital cities, we also respond positively to the government's appeal towards working for the benefit of people’s livelihood by serving the " agriculture, rural areas, and farmers.” We aim to construct a payment environment beneficial to the farmers, by assisting farmers in withdrawal and solving the serious shortage of financial resources in rural areas. We also work to improve the bankcard acceptance environment in secondary cities, counties, and towns. We take action to perform social responsibility under the notion of " serve society, bring convenience to people." Based on the electronic payment terminals and channels throughout the country such as POS, ATM, and self-service terminals, we launched the " All in Pay” - an easy-access payment brand for transactions. In addition to this, other payment products that promote our social service function and satisfy the public's payment demand have been launched throughout the years. The first Corporate Social Responsibility Report in the payment industry has been published by China UMS as early as 2012. This solidifies the position of China UMS as a company that fulfills its social responsibility in a positive way, and as a leading enterprise in the Chinese payment market. We strongly believe that strength determines benefits, and dreams bring hope. Based on our strategic positioning as an integrated payment and information service provider, and our traditional advantages in the bankcard acceptance market, China UMS will employ more service channels, more flexible service methods, and more specialized service technologies to provide customers with all-around unique, and high-quality integrated payment services, that would continue contributing to the improvement of the bankcard acceptance market and payment environment in China.