What's the difference between mastercard written by China Merchants Bank credit card and UnionPay card?
MasterCard is an international credit card organization MasterCard, and UnionPay is a bank card organization in China. Both focus on different parts of the world. In addition, there is no handling fee and currency exchange fee for overseas card swiping through UnionPay channel. If you take MasterCard, you need a currency exchange fee of 1.5%.