It is a privilege card.

The full name of China UnionPay is China UnionPay Co., Ltd. (English: China UnionPay, abbreviation: UnionPay, CUP). It is a Chinese bank card joint organization established with the consent of the State Council and the approval of the People's Bank of China. It is headquartered in Shanghai, China. , established in March 2002. As of September 2019, it has become the largest card issuing organization in the world, issuing nearly 8 billion bank cards.

China UnionPay is at the core and hub position of China’s bank card industry and plays a fundamental role in the development of China’s bank card industry. Through the UnionPay inter-bank transaction clearing system, various banks have achieved interconnection between systems, and then Enable bank cards to be used across banks, regions and borders.