Can Guangfa Foreign Currency International Card be used in China?
No, Guangfa Foreign Currency International Card cannot be used in China. Guangfa foreign currency international card issues MasterCard and VISA brand credit cards. According to the Decision on Implementing Access Management of Bank Card Clearing Institutions, to engage in bank card clearing business in China, one should obtain a bank card clearing business license and become an institution specializing in bank card clearing business. However, by the end of July, 2020, visa and MasterCard had not obtained the bank card clearing business license, so Guangfa foreign currency international card could not be used in China. If there is consumer demand in China, it is recommended to use UnionPay brand credit card.
The above is the answer to whether the Guangfa foreign currency international card can be used in China. I hope it helps you.