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 Your Location | English Site  About CUP Milestones |
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| Milestones |
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March 26, 2002
Opening Ceremony of CUP was held in Shanghai
October 8, 2002
CUP successfully applied international BIN code to ISO
In 2002
Under the leadership of the PBC and in cooperation with commercial banks, CUP basically realized the “314 goal” in bankcards’ interchangeability.
March 26, 2003
The opening ceremony of Shanghai Bankcards Industrial Park and Ground Breaking ceremony of CUP Information Switch Centre was held in Pudong, Shanghai
August 27, 2003
Nanjing Commercial Bank issued the first credit card that meets the international BIN code system and begins with 62 as the first two numbers in mainland China, which signaled that standard CUP cards came into being.
In 2003
Bankcard interoperability were generally achieved in cities above prefecture and city level in China.
January 18, 2004
CUP started its first step to internationalization with launching operations of POS consumption, ATM inquiry and withdrawal for mainland CUP RMB cards in Hong Kong SAR under the approval of the PBC
April 30, 2004
The first overseas standard CUP RMB card was issued by Bank of China (Hong Kong) Limited in Hong Kong SAR, which starts the overseas issuance of CUP cards.
May 9, 2004
China Merchants Bank (CMB), national commercial bank, issued the first standard CUP debit card beginning with 62 as the first two numbers of the code in mainland China.
December 10, 2004
The official operation of the new-generation national bankcard transaction settlement system was realized, which was independently designed and built by CUP.
January 10 2005
The acceptance of CUP cards on ATM and POS services in Singapore, Thailand and Korea signaled that CUP brand is going to the world.
September 13, 2005
CUP signed agreement with Citicorp in Shanghai, which signaled that CUP cards started to be accepted in Citicorp’s global ATM network.
October 18. 2005
The official use of CUP’s new logo was started.
December 5, 2005
Opening Ceremony for CUP cards acceptance business in America was held by CUP and Discover in New York, USA, which signaled CUP cards’ entry into the American Continent.
December 13, 2005
CUP announced with EUFISERV that ATM services were opened to Chinese visitors in Europe, especially in Germany, France, Spain, Belgium and Luxemburg, which marked CUP cards’ entry into Europe.
April, 2006
CUP cards Anti-fraud Service Center was founded.
May 8, 2006
Hong Kong Branch of CUP, the first branch outside mainland China, was founded.
September 13, 2006
CUP cards were accepted on ATMs of NAB(National Australia Bank), which signaled CUP cards’ entry into Australia.
March 31, 2007
Xi Jinping, member of the Standing Committee of the Political Bureau of the Central Committee of CPC, member of the Secretariat of the Central Committee of CPC and Vice President of P.R.C., inspected CUP and promised great support for developing independent bankcard brand of China.
May 14, 2007
Premier Wen Jiabao inspected CUP Shanghai Information Center and fully affirmed the achievements of bankcard industry and CUP’s development.
June 7, 2007
The acceptance of CUP cards in Egypt signaled the landing of CUP cards in Africa. December 18, 2007Sumitomo Mitsui Card Company issued standard CUP yen credit card in Japan, which marked that CUP’s operation in Japan reached a new level.
December 18, 2007
Sumitomo Mitsui Card Company issued standard CUP Yen credit card in Japan, which signaled that CUP’s operation in Japan reached a new level.
March 15, 2008
A cooperating agreement was signed with Tourism Bureau of France, and strategic cooperative partnership was announced to build.
May 9, 2008
Wang Qishan, member of the Politic Bureau of CPCCC, Vice Premier of the State Council, inspected CUP. gic cooperative partnership was announced to build.
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