UnionPay International
UnionPay has been around since the dotcom bubble, and has earned it’s fair share in the payment space. UnionPay may also be known as CUP (China Union Pay) or UPI (Union Pay International)
UnionPay International compared to Paypal
Versus
Features
| UnionPay International | Features | Paypal |
|---|---|---|
| Shanghai, China | HQ Based | California, USA |
| Settlements | unkown | |
| Supported Merchants | Paypal has plug-n-play integration with all major ecommerce SaaS solutions | |
| Fee structure | $0.50/transaction for any amount under $25, tiered percentage pricing until >$1000/item | |
| Bank fees | 1% of amount transferred | |
| 136 currencies to date | Currencies | 25 |
| Credit Cards, POS, and Direct Banking | Payment Methods | Credit Cards and Direct Banking |
| Recurring Payments | ||
| Developer Friendly | ||
| Apple Pay Support | ||
| Point of Sale Support | ||
| Unsupported Paid Feature Supported Unknown | ||
Descriptions
UnionPay has been around since the dotcom bubble, and has earned it’s fair share in the payment space. UnionPay may also be known as CUP (China Union Pay) or UPI (Union Pay International)
Paypal
Who doesn’t know the most famous and definitely the first in the online payment space, Paypal. It’s founders have since moved on to put the human species on another planet, however to this day Paypal remains one of the biggest payment companies globally. Paypal has giant customers across the globe, small and large. One of it’s recent curious moves is that Paypal started to accept transactions in and on the Bitcoin network.