China UnionPay (), also known as UnionPay (Chinese: 银联) or by its abbreviation, CUP, is the only domestic credit card organization in the People's Republic of China (PRC). Founded in March 2002, China UnionPay is an association for China's banking card industry, operating under the approval of the PBOC. It is also the only interbank network in China excluding Hong Kong, Macau and Taiwan, linking the ATMs of some fourteen major banks and many more smaller banks throughout mainland China. It is also an EFTPOS network.