UnionPay is the domestic UnionPay company. UnionPay company mainly provides domestic inter-bank bank card inter-bank settlement business.

VISA is a well-known American credit card company with a global settlement network.

The presence of these two logos on a credit card means that the card-issuing bank has joined these two companies and can use their settlement systems to conduct local and foreign currency settlements at home and abroad.

UnionPay is a Chinese card organization, while VISA and MasterCard are both American card organizations.

Currently, domestic bank cards belong to different bank card organizations according to their starting digits. Bank cards starting with "4" belong to the VISA card organization, those starting with "5" belong to MasterCard, and those starting with "5" belong to MasterCard. Cards starting with 62", "60" and "9" belong to China UnionPay, and UnionPay cards starting with "62" and "60" are UnionPay standard cards that comply with international standards and can be used abroad. This is also the main focus of China UnionPay in recent years. card.

If you only spend money domestically, UnionPay is the best choice, but if you often need to spend money abroad, a VISA card is essential.

In recent years, in order to cater to the needs of users, major banks have launched dual-currency cards, also known as UnionPay visa, so that users can use UnionPay channels for domestic consumption and visa channels when going abroad.

Extended information:

Credit Card, also called credit card. It is a non-cash transaction payment method and a simple credit service.

A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

The credit card stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on lt; the People's Republic of China and the Criminal Law of the People's Republic of China; and the relevant provisions on credit cards") refers to a credit card issued by a commercial bank or other financial institution. An electronic payment card issued by an institution with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card?.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

There is no need to pay cash when using a credit card, and repayment will be made on the billing date.

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay;

A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, the card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.

Reference: Baidu Encyclopedia-Credit Card