1. Geographically speaking, UnionPay is a card organization in China, while VISA and MasterCard are both card organizations in the United States.

2. From the perspective of usage, if you only consume domestically, UnionPay is the best choice, but if you often need to spend abroad, you can choose VISA or MasterCard.

3. American Express was founded in 1850. Its original business was to provide express delivery services. With the continuous development of its business, American Express took the lead in launching travellers' checks in 1891, mainly for high-end customers who travel frequently.

4. MasterCard International formed an organization called Interbank CandAssociation in 1966. In 1969, the Interbank CandAssociation purchased the patent rights of MasterCharge and unified the credit card names of various card issuers. and style design. In the following ten years, the original name of MasterCharge was changed to MasterCard.

5. Visa's global electronic payment network - VisaNet - is the world's most extensive, powerful and advanced consumer payment processing system, and continues to fulfill its promise of making your Visa card travel around the world.

Visa International itself does not directly issue cards. In the Asia-Pacific region, Visa International has more than 700 member financial institutions that issue various Visa payment instruments, including credit cards, debit cards, corporate cards, business cards and Purchasing card.

6. China UnionPay is a joint-stock financial service institution approved by the People's Bank of China and co-sponsored by more than 80 domestic financial institutions, with a registered capital of RMB 1.65 billion.

The company was established on March 26, 2002 and is headquartered in Shanghai. In mainland China, there are corresponding consulting companies on credit card repayment, which can provide cardholders with certain repayment strategies, making it easier for cardholders to use credit cards for more thoughtful financial services.

There are five major credit card brands in the world, two major organizations, Visa International and MasterCard International, and five American Express International Co., Ltd., Diners Club Credit Card Co., Ltd., and JCB Japan International Credit Card Corporation (JCB) Professional credit card company.

There are also some regional credit card organizations in various regions, such as EUROPAY in Europe, UnionPay in China, United Credit Card Center in Taiwan, etc.

Credit Card_Baidu Encyclopedia