China UnionPay was founded in 2002 as a union of China's card issuing banks under the surveillance of the Central Bank of China. UnionPay cards can be used in 174 regions and countries with 55 million traders and 2.9 million ATMs. As of today, 7.5 billion cards have been issued in 55 countries. The UnionPay-card holds the first place regarding all cards issued worldwide. Furthermore, payment services on mobile devices and UnionPay's QuickPass (the contactless payment solution of UnionPay) are accepted worlwide and provide a comfortable and fast payment solution.