Established in December 2002, UnionPay Merchant Services Co., Ltd. (UMS) is a major non-bank payment institution in China, primarily controlled by China UnionPay. It was one of the first companies to receive the "Payment Business License" from the People's Bank of China (PBOC). The company's core business is providing comprehensive, integrated payment services for a vast network of merchants across various industries. Its services include POS terminal installation and acquiring, online payment gateways, QR code payments, and other value-added services, facilitating acceptance of bank cards and various mobile payment methods.

Founded in

China