How to swipe a visa credit card in China

Single-label visa cards issued by domestic banks can't be swiped in China, and only foreign currency can be paid online.

What's the use of Visa credit cards

visa is an international credit card management organization and does not issue credit cards. As long as you have a Visa card, you can swipe your card at ATM and POS machines with Visa logo. In addition to credit cards, Visa also provides services such as debit cards, corporate cards, business cards and purchasing cards. At present, well-known domestic banks can apply for Visa debit cards or credit cards.

globally, more than 2 million merchants accept Visa cards. In these special merchants, Visa card holders can use Visa cards for credit card spending. There are more than 84, ATMs with Visa logo. On these ATMs, Visa card holders can withdraw local currency with their passwords.

in China, Visa cardholders can spend money by swiping their cards at special merchants with UnionPay logo or merchants with China Merchants Bank, and withdraw RMB by password at ATMs with UnionPay logo or counters and ATMs of China Merchants Bank.

when a visa card is paid in China, the specific currency used for settlement is determined by the payment channel selected by the cardholder. If the cardholder chooses to pay through UnionPay, it will be settled in RMB; If payment is made through the channels of Visa or MASTER, it will be settled in US dollars.

how to spend money by credit card in visa?

Method:

1. Cash advance from ATM

In China, RMB cash can be withdrawn from ATMs of China Merchants Bank or ATMs of other banks with UnionPay logo. Outside the country, you can withdraw local currency with the transaction password at an ATM with the logo of VISA, MasterCard or JCB.

2. Cash advance at the bank counter

In China, you can withdraw RMB cash at the counters of China Merchants Bank outlets with your credit card and transaction password; Outside the country, you can withdraw local currency at the bank counter marked with VISA, MasterCard or JCB with valid ID and credit card.

Introduction:

VISA, also translated as Visa, is a credit card brand, which is operated and managed by Visa International in San Francisco, California, USA.

VISA card was issued in 1976, and its predecessor was BankAmericard issued by Bank of America.

in June 217, the "217 BrandZ Top 1 Most Valuable Brands in the World" announced that Visa ranked seventh with a brand value of $11.999 billion. On May 29, 218, "BrandZ Top 1 Most Valuable Brands in the World in 218" was released, and VISA ranked seventh.

that's enough for the introduction of how to use the credit card VISA card.