If your MasterCard credit card is a standard platinum level or an EMV credit card, it comes with global payment and automatic foreign exchange purchase functions, that is, Japanese yen is directly converted into RMB at the CCB foreign exchange purchase rate and is entered into the account without setting up a secondary Conversion is free of charge. Algorithm: 8,900 yen * CCB foreign exchange purchase rate = RMB repayment amount, and the RMB will be repaid directly to the card in the future. (Ask CCB for the exchange rate. It is CCB’s spot foreign exchange settlement and sales price, one price per day)

If you have an ordinary dual-label MasterCard card (regular card/gold card), there is no global For payment and automatic foreign exchange purchase, if you use the MasterCard channel, the Japanese yen for the transaction is converted into US dollars. The exchange rate is provided by the MasterCard organization, and there is also a 1.5% exchange fee. The algorithm is: 8900 yen * MasterCard US dollar exchange rate * 1.5% = US dollar return Payment amount (ask MasterCard for the exchange rate). Subsequently, you can repay US dollars in cash directly to the card, or you can repay the equivalent amount in RMB, and then handle the foreign exchange repayment process.

Suggestion: If you often shop overseas, finally apply for a global payment dual-standard card or EMV credit card to save money and trouble!