What is the relationship between unionpay commerce co., ltd and unionpay electronic payment service co., ltd?

UnionPay Commerce Co., Ltd. and UnionPay Electronic Payment Service Co., Ltd. are both companies controlled by China UnionPay.

1, UnionPay Commercial Co., Ltd. is responsible for bank card business;

2. UnionPay Electronic Payment Service Co., Ltd. is responsible for online payment and value-added services of bank cards.

Unionpay Commerce Co., Ltd.:

UnionPay Business Co., Ltd. is a national company controlled by China UnionPay, which is engaged in the professional service of bank card acquiring. It was established in June, 2002, 5438+February, and its headquarters is in Shanghai.

UnionPay Electronic Payment Service Co., Ltd.:

China UnionPay Electronic Payment Service Co., Ltd. (ChinaPay) is a professional bank card service company controlled by China UnionPay. It has a national unified payment platform, mainly engaged in online payment and value-added services of bank cards such as online payment, B2B account payment, telephone payment, online inter-bank transfer, online fund transaction, corporate public and private fund payment and self-service terminal payment.