The credit card is 16 digits, and the savings card is 16 digits or 19 digits. (The number of digits depends on the number of cards issued by each bank) The UnionPay standard card has the following two features that are easy to identify: (1) There is only "UnionPay" on the front of the card, and there is the bank card organization logo (new logo or old logo) in the lower right corner; (2) The first six digits of the card number are one of "622 126~622925". Credit cards with visa and MasterCard functions do not belong to UnionPay standard cards. They start with 4 or 5, and cannot be used for merchant discount of UnionPay standard.
I. Relevance
UnionPay standard card conforms to China's unified business norms and technical standards, and is a high-quality, international and independent brand bank card with independent intellectual property rights in China. The issuance and promotion of UnionPay standard cards is of great significance;
(1) The issuance and promotion of UnionPay standard cards are in line with the spirit of nine national ministries and commissions' Opinions on Promoting the Development of Bank Card Industry (Yinfa [2005] 103) and the Guiding Opinions of China People's Bank on Standardizing and Promoting the Development of Bank Card Acceptance Market (Yinfa [2005] 153) and other related documents. It is in line with the requirements of the Eleventh Five-Year Plan to vigorously develop the financial services industry and maintain national financial stability and security, which is conducive to the majority of member institutions to jointly build their own brand of bank cards with independent intellectual property rights and promote the healthy development of the national bank card industry.
(2) Issuing and promoting UnionPay standard cards and building independent bank card brands are conducive to safeguarding national financial information security, maintaining the right to speak of domestic member institutions in the development of China's bank card industry, mastering the independent power to formulate standards and norms in the process of industrial development, and safeguarding the long-term interests of domestic member institutions and the interests of cardholders.
(3) Issuing and promoting UnionPay standard cards and building independent bank card brands are the premise and foundation for domestic member institutions to build independent brands, which is conducive to enhancing the cohesion of domestic bank card industry, enhancing industrial strength, and jointly coping with the competition and challenges of overseas institutions after the transition period of WTO.
(4) The issuance and promotion of UnionPay standard cards can not only ensure the universal use in China, but also accelerate the construction of overseas acceptance networks to meet the growing overseas business, tourism and study needs of China people. UnionPay network has been extended to Asia-Pacific, Europe, America, Africa, Australia and other countries and regions. In addition, the use of RMB UnionPay cards in overseas UnionPay network consumption can directly realize the conversion between foreign currency and RMB, reduce the trouble of currency exchange and save the cost of currency exchange.