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UnionPay Card is a payment method that is popular in China and that can be used in over 120 global countries and regions outside of China, making it the preferred payment option of hundreds of millions of customers and many thousands of online casino players.
What is UnionPay?
UnionPay is a banking service that was established in 2002. It is approved by the People’s Bank of China and the State Council, and is the only Chinese bank organization presently operating in the country. It is often used as a voucher payment method all over Asia, while it enjoys international support in more than 120 countries. Such a large market makes it easy to reach millions of customers. UnionPay became the premier payment method in China as well as across Asia when the online gambling market was finally introduced to this formerly communist country.
Using UnionPay in Online Casinos
UnionPay is one of the best and easiest means to make deposits at online casinos. Players can choose this method when they are in the casino’s cashier section. If you do not have a UnionPay card, you can purchase one with a particular value at many selling points and then use the number on the card to make a deposit at your online casino of choice.
However, UnionPay cannot be used to make withdrawals. Players are advised to have an alternative banking option for withdrawals when using UnionPay.
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If you are not in possession of a credit card or are not inclined to use one, UnionPay can serve as the perfect alternative. It allows customers to easily track all of their monetary transaction with one account, and additionally is an adequate way to refrain from overspending. If you consider the fact that it is one of the most widespread payment methods, it is easy to guess there is a large number of online casinos that accept it for deposits.
Online Casinos Using UnionPay
UnionPay prepaid cards can be used to withdraw money from ATMs all over the globe and pay at POS terminals, as well as for making payments for utilities, transfer funds, and fund your credit or debit card. The fact that the sheer number of those that use UnionPay ranges well into the hundreds of millions makes it the second most widespread payment method, and a convenient way to deposit at online casinos all over the world since it is affiliated with companies such as Visa, MasterCard, and American Express.
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FAQWhere is UnionPay most widely used?Many customers use UnionPay in China, but it is also a preferred banking method in many Asian countries.Can I use UnionPay to make withdrawals?Unfortunately, UnionPay cards can only be used to make deposits and customers who use it have to have another banking method ready for withdrawals.Is UnionPay a safe banking method?Since it is approved and backed by the State Council of China and the People’s Bank, you can count on it to be fully legitimate and safe.
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