VISA/MASTER/AMERICAN EXPRESS, etc., are all international credit card organizations.

UnionPay is only a joint organization of domestic banks. The properties are the same.

Theoretically, it means the same thing. However, in countries and regions where UnionPay is open, if you swipe your card through the UnionPay channel, there is no foreign currency exchange fee.

If you take international routes such as VISA abroad and pay in foreign currency, you will need a foreign currency exchange fee of about 1%

In foreign countries, areas without UnionPay can only Take international card routes such as VISA or MASTERCARD

In addition, UnionPay cards can be used directly in Hong Kong.

Currently, UnionPay cards can be used to make purchases at more than 90% of merchants in Hong Kong, and most ATMs in Hong Kong can use UnionPay cards to withdraw Hong Kong dollars. And there is no need to pay a currency conversion fee of 1%-2% when using a UnionPay card or making purchases or withdrawals through the UnionPay network. The amount of local currency transactions will be directly converted into RMB at the market exchange rate and will be credited to the bank immediately by the card-issuing bank. The cardholder’s RMB account. Debit card ATM withdrawals have relatively low fees.