Company Information

Get to know Union Mobile Pay Ltd.

Union Mobile Pay Ltd., a subsidiary of Union Mobile Pay, was established in the UK to serve the growing market of Chinese consumers, including tourists, students, and businesses, in Europe. The company functions as a payment service provider and acquirer, enabling European merchants to seamlessly integrate UnionPay payment methods, both in-store via POS terminals and online through e-commerce gateways. Its mission is to bridge the payment gap between European businesses and the vast Chinese consumer base by offering secure and convenient transaction processing.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Union Mobile Pay Ltd.

China

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.