UnionPay Brokers - Deposit Method

What Is UnionPay?

UnionPay is a multinational payment processor primarily focused on the Chinese market. UnionPay’s headquarters are located in Shanghai, China and was established in 2002. However, since UnionPay’s establishment, the company has become known and accepted in 162 countries from around the world. The payment processor is very popular among online businesses such as online shopping outlets, gaming and betting sites, and online brokers. For the Chinese market of UnionPay, they have become an essential part of China’s bankcard industry. UnionPay operates an inter-bank transaction settlement system which forms the connection and relationship between banking systems and the inter-bank, cross-region and cross-border usage of bankcards. As the bankcard industry in China continues to develop, UnionPay plays an important role in the influence of it’s development and future.

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How To Use UnionPay For Deposits

Chinese traders as well as traders from other parts of the world can easily use UnionPay as a viable method of depositing funds into their online trading account. To learn how do just that, follow the steps outlined below.

  • First you must log in to you online trading account. Once logged in, navigate to the deposit section of your trading account. Select UnionPay as your method of payment from the list of available deposit options.
  • You will be brought to a page where you are prompted to input your desired deposit amount and your personal information that is linked to your UnionPay Card, such as your billing address, mailing address, and your name.
  • As well, on the same page you will need to enter in your UnionPay card details which include your full name, 16-digit card number, expiration date and CVV number (which is located on the back of the card).
  • Another thing you will have to input for added security is your security code. Which is either a unique password or a generated code using two-factor authentication.
  • After all that, you click submit and your payment will go through, resulting in the funding of your account within minutes.

Benefits Of Using UnionPay For Deposits

UnionPay card holders benefit from making deposits into their online trading accounts in many ways, see them below.

Service & Support – UnionPay offers cardholders 24/7 global service and support via their toll-free hotline. Support is available in a number of the worlds most used languages.

Safe & Secure – UnionPay provides a world-class security control system.

Rewards – Some of the UnionPay cards offer a wide array of reward points that can be used for various things including shopping, dining, entertainment, travel, and credits toward your account.

Fast & Reliable – Deposits with UnionPay are nearly instant as processing times are typically within seconds.

Convenient – Depositing funds with UnionPay is very easy and convenient. It can be completed with just a few clicks and within seconds from your desktop computer or smart mobile device.

Low Fees – The fees involved are generally very low, although this depends on the broker being used. UnionPay fees for having the card are generally waived for first time card holders, as well when signing up for a card, you will receive reward points.

29 brokers listed
UnionPay
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10
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10
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9.5
  • Platforms: Andriod App, Apple App, iOS App, MetaTrader 4, MetaTrader 5
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1 2 3 4 5 6 7 8 9 10
9
  • Platforms: MetaTrader 4
  • License: ASIC, FCA UK
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9
  • Platforms: MetaTrader 4, NinjaTrader, Trading Station, ZuluTrade
  • License: ACPR, ASIC, FCA UK, NFA, SFC
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1 2 3 4 5 6 7 8 9 10
8.25
  • Platforms: Andriod App, Apple App, iOS App, MetaTrader 4, MetaTrader 5, Mobile App, WebTrader
  • License: CySEC, IFSC Belize
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1 2 3 4 5 6 7 8 9 10
8.25
  • Platforms: MetaTrader 4, MetaTrader 5, Mobile App, WebTrader
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1 2 3 4 5 6 7 8 9 10
8
  • Platforms: Andriod App, Apple App, iOS App, iPad/Tablet, MetaTrader 4, MetaTrader 5, Mobile App
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1 2 3 4 5 6 7 8 9 10
7.5
  • Platforms: Andriod App, iOS App, Mobile App, WebTrader
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7.5
  • Platforms: MetaTrader 4, MetaTrader 5, WebTrader
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7.25
  • Platforms: Andriod App, Apple App, iOS App, MetaTrader 4, Mobile App, WebTrader
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Your capital is at risk
1 2 3 4 5 6 7 8 9 10
7.25
  • Platforms: MetaTrader 4, WebTrader
  • License: FCA UK, FSA Seychelles
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