The Digital Source For China's Tech Innovation Since 2000

Search
Close

China UnionPay Takes Measures To Support Earthquake Reconstruction

May 27, 2008
Business

Xu Luode, president of China UnionPay, says that China UnionPay will actively fulfill its mission and undertake its corporate social responsibilities by taking effective measures to help people in the earthquake area rebuild their homes.

China UnionPay says it will help the disaster areas in five ways. First, it will install POS machines in all temporary shops near the settlement points of people affected by the earthquake to meet their demand for shopping with a bank card and set ATMs and movable POS machines in the settlement points for the people to withdraw cash. China UnionPay says it will exempt the relevant fees involved in these services.

Second, it will cooperate with rural credit cooperatives and postal savings to offer special services for returned migrant workers to withdraw cash. Third, it will coordinate with each of the commercial banks to re-issue bank cards to people who have lost their cards or cheques during the earthquake. Fourth, it will make use of its network to open a multi-channel donation platform to relevant charity organizations so that the donation fund can be quickly collected.

Finally, based on the CNY6.23 million donation it has already made to the disaster area, it will initiate a study-aid fund, providing CNY2 million each year for three consecutive years to help poor students from these areas complete their studies.

Tags: ATM | bank | cash | charity | China | China UnionPay | corporate social responsibility | credit | donation | earthquake | fund | IT | network | payment | platform | POS | postal | president | rural | shopping | sichuan | Three | Wenchuan

Other Related News:

Forbidden City Film Sues Sohu.com

March 25, 2005

Thoroughbred Financial Services LLC Trims Stock Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Slater Sentinel

August 14, 2021

UFIDA Sets Up Mobile E-Commerce Company With NTT

February 5, 2007

KongZhong Can't Find CFO, Loses VP Marketing

January 4, 2007

Huawei, Ericsson or Nokia? Apple or Samsung? U.S. or China? Who’s Winning the 5G Races

October 13, 2021

China Construction Bank Teams With Microsoft For Online Banking Services

March 29, 2010

AI 'Nanny' Being Created By Chinese Scientists To Grow Babies In Robot Wombs

February 6, 2022

China Roundup: Beijing is tearing down the digital 'walled gardens'

September 19, 2021

AFC Women’s Asian Cup 2022: India’s Game Against Chinese Taipei Called Off After COVID-19 Outbreak Football News

January 24, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....