Mastercard suspends operations in Russia.
https://www.mastercard.com/news/press/2022/march/mastercard-statement-on-suspension-of-russian-operations/
Russian banks rush to switch to Chinese card system
Some UnionPay credit cards are also affiliated with American Express (AmEx), MasterCard, or Visa, and they can be used abroad as American Express, MasterCard, or Visa credit cards. UnionPay debit cards, however, can only be used in the UnionPay network and other networks that have signed contracts with UnionPay. Since 2006, China UnionPay cards can be used in over 100 countries outside China.[12]
In May 2005, Discover Network announced an alliance with China UnionPay Network. The two companies have signed a long-term agreement that allows acceptance of Discover Network brand cards at UnionPay ATMs and point-of-sale terminals in China and acceptance of China UnionPay cards on the PULSE network in the U.S.[13] As of 1 November 2007, China UnionPay cards may be accepted where Discover Network Cards are accepted in the United States, Canada, Mexico, Central America, and the Caribbean.[14] As of early 2013, the cross acceptance agreement was expanded to support e-commerce or card-not-present transactions.[citation needed] In March 2010, PayPal announced a partnership with China UnionPay enabling the use of PayPal with UnionPay member cards.[15] In 2015, China's State Administration of Foreign Exchange (SAFE) placed a ¥100,000 annual cap on overseas cash withdrawals from Chinese banks-issued UnionPay accounts.[16] In November 2017, Azoya teamed up with UnionPay to enable consumers in China to profit from the Black Friday online shopping festival via a cross-border marketing platform.[17]
The following eleven foreign banks have the right to issue UnionPay debit cards in China:
- Bank of China (Hong Kong)
- Bank of East Asia
- Citibank
- DBS Bank (as of July 2009)
- Hana Bank (as of November 2009)
- Hang Seng Bank
- HSBC
- OCBC Bank (as of 2010)
- OCBC Wing Hang Bank (as of 2010)
- Standard Chartered Bank
- Woori Bank (as of May 2009)
UnionPay in other countries:
- AGD Bank offers a UnionPay debit card in Myanmar[18]
- Askari Bank offers a UnionPay debit card in Pakistan[19]
- Australia Post, previously distributed the "Load&Go China" card, issued by Bank of China (Australia) Limited; featuring imagery of the Great Wall[20]
- Baiduri Bank offers a UnionPay debit card in Brunei[21]
- Bangkok Bank offers a UnionPay credit card in Thailand[22]
- Bank Central Asia offers a UnionPay credit card in Indonesia
- Banque Pour Le Commerce Exterieur Lao (BCEL) offers both UnionPay debit and Credit card in Laos[23]
- Bank Sinarmas offers a UnionPay debit card in Indonesia[24]
- BDO Unibank offers a UnionPay credit card in the Philippines[25]
- CIM Bank, a Swiss Bank, offers UnionPay credit cards to domestic and foreign customers[26]
- DBS Bank offers a UnionPay debit card in Singapore.[27]
- Halyk Bank offers both UnionPay credit and debit cards in Kazakhstan[28]
- Gazprombank offers both UnionPay credit & debit cards in Russia.[28]
- Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) offers both UnionPay credit and debit cards in Vietnam[28]
- Kasikornbank offers a UnionPay credit card in Thailand[28]
- Kazkommertsbank offers UnionPay credit cards in Kazakhstan[28]
- Krung Thai Bank offers a UnionPay debit card in Thailand[28]
- Lotte Card offers a UnionPay credit card in the Republic of Korea.[28]
- Mitsubishi UFJ NICOS offers a UnionPay credit card in Japan.[28]
- Muganbank offers a UnionPay credit card in Azerbaijan.[28]
- SCT Networks offers a UnionPay Debit card in Nepal.[28]
- Himalayan Bank offers a UnionPay Prepaid cards in Nepal.[28]
- Nepal Investment Bank Limited offers a UnionPay cards in Nepal.[28]
- NIC ASIA Bank offers a UnionPay virtual cards in Nepal.[28]
- AmBank offers a UnionPay Credit card in Malaysia.[28]
- Public Bank offers a UnionPay Debit card in Malaysia.[28]
- Philippine National Bank (PNB) offers a UnionPay credit card in Philippines.[28]
- Sacombank offers both UnionPay credit and debit cards in Vietnam[28]
- Mitsui Sumitomo Bank offers a UnionPay credit card in Japan.[28]
- Shinhan Bank offers a UnionPay credit card in the Republic of Korea.[28]
- United Overseas Bank offers a UnionPay credit card in Singapore.[28]
- Vostochny Express Bank offers both UnionPay credit & debit cards in Russia.[28]
- National Bank of Pakistan offers UnionPay debit cards in Pakistan.[28]
- 1LINK offers UnionPay debit cards through its member banks in Pakistan.[29]
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