- Quick Pass redirects here. For the toll transponder system in North Carolina, also called Quick Pass, see North Carolina Turnpike Authority.
China UnionPay , also known as
UnionPay or by its abbreviation,
CUP, is the only domestic
bank card organization in the
People's Republic of China (PRC). Founded on March 26, 2002, China UnionPay is an association for China's banking card industry, operating under the approval of the
People's Bank of China (PBOC, central bank of China). It is also the only
interbank network in
China excluding
Hong Kong and
Macau, linking the
ATMs of all
banks throughout
mainland China and widely accepted by the ATMs in Hong Kong and Macau. It is also an
EFTPOS (
Electronic Funds Transfer at Point of Sale) network.