If MASTERCard dual-currency credit card (Euro card) only consumes US dollars in France, VISA and Master don't charge fees for converting French yuan into RMB. However, if other third-party currencies are consumed, the credit cards with V and M can form a second conversion of "third-party currency-French yuan-RMB", while the UnionPay channel directly converts from third-party currency to RMB, so the cards with V and M will charge high conversion fees.

if you take the unionpay channel, the bank will directly convert the US dollars you spend into RMB according to the foreign exchange rate on the repayment date, and unionpay will not charge the conversion fee. If you take VISA or MASTER, you will be charged a certain conversion fee.

On June 23rd, 26, the European Commission filed a lawsuit against mastercard international because mastercard international stipulated that retailers who accept MasterCard and Wanshun Financial Card must pay a certain fee, which restricted the competition among retailers.

Extended information:

MasterCard dual-currency credit card has all the advantages of MasterCard, and there is no need to deal with monthly bills or credit checks. As long as you have a MasterCard prepaid card, you can choose the card amount in a wide range and use it in any occasion where MasterCard is accepted. This card is especially suitable for students, travelers and users who are used to making budgets. In addition, it is also used as a gift or a company reward.

this card can be used for shopping and ATM machines, and can directly deposit and withdraw funds from the current account, thus reducing the amount of cash you carry with you. You will receive a detailed shopping list recording your consumption every month.

Baidu Encyclopedia-MasterCard International Organization

Baidu Encyclopedia-MasterCard