UnionPay was founded in 2002 and involved the association of the PRC banks. In China, it is considered the most common way of paying and withdrawing money from an ATM. In 2015, the number of UnionPay cards reached 3.4 million units worldwide, which exceeded the number of Visa and MasterCard. The main advantages of China UnionPay are the transparency of activities and the lower commissions compared to the main competitors. Payment with the card is available in many online stores around the world and there are more than 1 million ATMs worldwide. These facts make the use of the payment system as rational as possible.
Deposit and withdrawal method
UnionPay casino deposit is similar to paying any other debit or bank cards. To do this, you need to choose a good gaming platform that accepts this method. This is not difficult because there are a number of suitable sites with the good reputation and quality service. When you decide on the UnionPay casino, go to the deposit section of the site and select the appropriate method. Then, the system asks you to enter your card details, which is completely safe. The withdrawal of funds is carried out similarly in the withdrawal section.
Players also need to know about how to get the card, since unfortunately, this is not available in every bank. UnionPay reached the world level in 2006 and is actively developing to this day. At the moment, the receipt of the card is available in major banks in accessible countries. Contact the nearest bank for information.
UnionPay has its own information site adapted for different countries of the world. There you can find all the necessary information or contact the support team. In the “Help Center” section, you can find answers to frequently asked questions, learn about the nearest ATM and find Hotline contacts. Polite payment system staff will always help you solve the problem or answer your questions.
Advantages and disadvantages
UnionPay casino deposit is ideal for Chinese residents; however, players from other countries should try it too. The popularity of the method provides a number of gambling sites to select especially in the Chinese market. At the same time, the payment system is useful in everyday life since there is a lot of places where you can pay by the card and there ATMs around the world. UnionPay is also considered to be the best payment system for payment in another currency since it has an advantageous exchange system. It is very important for the company to provide its customers with the most comfortable services. So you can expect easy usage, fast transactions, and low fees which are very important for gamblers.
As a disadvantage, there is the insufficient number of partner casinos in comparison with the competitors, Visa and MasterCard. In most cases, if there is no possibility of paying with UnionPay in the casino, players choose a different method. This issue does not apply to China and their gambling market offers a large number of options.
Also, it is worth considering the fact that UnionPay is only a method of deposit in a casino in most cases. To withdraw money you must find an alternative.
- the popularity of the method in China;
- a number of quality Chinese casinos;
- usefulness in everyday life;
- profitable currency exchange system;
- a speed of transfers;
- small fees;
- ease of use.
- a small amount of UnionPay online casinos in relation to competitors;
- often not available as a withdrawal method.
UnionPay is one of the largest payment systems in the world. This fact suggests that the company should provide maximum security for its customers and their savings. They perfectly cope with this task. All transactions go through a secure channel with unique data encryption and a decryption key. This fact excludes the possibility of theft of money or the transfer of information to third parties. In order to use the card, users must regularly undergo an authorization process that cannot be falsified.
The payment system also asks customers to be cautious and do not transmit information about their cards. UnionPay is also not responsible for fraudulent casino actions and ask users to choose only high-quality platforms.
Casinos that accept UnionPay
There are a large number of online casinos that accept UnionPay and offer quality games and services in general. Here are some of them that are available to players almost all over the worldю
Let’s start with Bitstarz, which was founded in 2014 and is already one of the best casinos by the version of many famous gambling portals. It allows users to play slots and table games from well-known manufacturers such as Microgaming, NetEnt, Play’n GO, Evolution Gaming, Betsoft, Thunderkick, and many others. It offers a no deposit bonus and 100% up to € 100 in the case of the first depositю
Another UnionPay Casino is Red Star. It exists since 2004 and has an excellent reputation in the gambling circle. The collection of the best games from Microgaming, NetEnt, Betsoft, Nyx Interactive, and Play’n GO is available on the website. UnionPay is represented in the casino as a method for both deposit and withdrawal.
LongBao is also on the list of UnionPay online casinos. One of its positive features is the availability of live dealers and 218% Bonus in the case of the first deposit. The casino is available in Chinese and English and accepts Chinese yuan and US dollars, which makes it convenient for residents of many countries.
Vbet Casino exists for 15 years and has an excellent reputation and reviews in the gambling circle. It cooperates with more than 30 gaming platforms, including Betsoft, Microgaming, NetEnt, and 1x2Gaming. It offers regular bonuses, offers, and tournaments. However, it accepts UnionPay only as a deposit method; to withdraw the winnings you must choose a different way.
Slots Magic has one of the most colorful interfaces among online casinos that accept UnionPay. It offers a 100% bonus up to $ 100 and 50 free spins to new players. It cooperates with Microgaming, NYX, Thunderkick, NetEnt, NextGen and another 15 game manufacturers.
Alternatives To UnionPay For Funding Online Casino Accounts
UnionPay has its shortcomings that many players may not like. Also, the payment system is not available for withdrawals in half of the case, therefore the alternative is mandatory. The best option is to apply to a competitor, Visa.
Visa cards are issued in all banks in almost all countries of the world and are available to pay for goods and services everywhere. The number of available casinos is huge; more than 90% of the platforms accept Visa. However, it is worth considering that the process of transferring funds is not so convenient in comparison with UnionPay and has a big fee that affects in case of large amounts of money.
Electronic wallets are also a good option in case of UnionPay impossibility. They have a user-friendly interface, available for payment in many casinos and allow you to track your money. They allow creating a large number of accounts (wallets) with different currencies. You can easily manage them, send money from one to another, exchange currency and view transaction history.
A good payment system UnionPay can be your choice for payments in online casinos. It is quite convenient and common in real life and among online stores. It cooperates with many banks and you can easily get a card or ask for help. The process of money transfer is very simple and fast. The choice of available UnionPay online casinos is not as diverse as in the case of other methods, however, you can find very high-quality examples. Also, it is worth considering that the payment system is not always available for withdrawal of funds. Therefore, the search for an alternative is necessary.
- Is it safe to make a UnionPay casino deposit?If you picked up a really good casino, then it’s completely safe. In fact, UnionPay has one of the most reliable money transfer systems among payment methods. All operations go through the stage of encryption and decryption to exclude the possibility of stealing money. However, be cautious and choose only honest casinos.
- Is it safe to give casino information of UnionPay card?It depends on the trust level of the casino. Good licensed sites ensure maximum confidentiality of players’ data and the lack of possibility of transferring information to third parties.
- How easy is it to use UnionPay outside of China?UnionPay entered the world market in 2006 and has greatly expanded the boundaries of its services since then. At the moment it is available for comfortable use in 170 countries of the world and this number is regularly added with new members. More than 1 million ATMs are available for use worldwide. UnionPay cards are issued in large banks of available countries, where you can also get advice.
- What is a UnionPay co-branded card?Such cards are distinguished by the presence of the logo of another partner payment system in addition to the UnionPay logo. This means that money transfers can pass through UnionPay network or through another network. Thus, you expand the possibilities of using the card. It is worth considering that UnionPay is better for paying abroad, as the conversion process is more beneficial.
- Which countries is the hotline available in?In addition to the PRC, UnionPay Hotline is available in South Korea, Japan, France, Germany, America, Australia, New Zealand, Singapore, Thailand, Switzerland, Italy, Macao, Malaya, and others. Visit the official UnionPay website for a complete list. Some countries may have several numbers for different administrative districts.
- What are the fees when using UnionPay cards?When using the terminal, the user does not pay a fee for the transfer. When using the network, this is also not required. However, the availability of fees may be possible depending on the bank. In case of inaction for more than a year, UnionPay withdraws $ 4.95 from your account.