Many of them are. Most banks have Visa and UnionPay. General credit cards can be exempted from annual fees as long as they are swiped several times. There are four major banks and joint-stock banks.

UnionPay means that the card belongs to China UnionPay card organization. Established in March 2002, China UnionPay is a joint bank card organization in China with the approval of the State Council and the People's Bank of China. UnionPay cards are generally used in China, and ATMs and point-of-sale terminals with UnionPay logo can also be used abroad.

VISA indicates that the card belongs to VISA International Card Organization. VISA International Service Association, a non-profit organization, is a credit card organization composed of members of international banks. Its headquarters is located in San Francisco, California, USA. VISA International is the largest international credit card organization in the world.

Visa International entered China as early as the early 1990s, and devoted itself to cooperating with China's banking industry to promote the development of China's payment industry. At present, Visa has 17 member financial institutions in China, including China UnionPay. By the end of September 2002, the number of Visa cards issued in China exceeded 654.38+47 billion, including 535,000 international cards and 6,543.8+00,000 ATMs. VISA is an international card issuing organization, and VISA International is operated and managed by Visa International located in San Francisco, California, USA. VISA International is a non-stock and non-profit international bank card organization, which consists of more than 26,5438+0,000 members from global financial institutions.

As the world's leading payment brand, Visa International is a non-share, non-profit international bank card organization composed of more than 265,438+0,000 member financial institutions around the world. Visa member institutions provide the widest range of payment products and services, including credit cards, debit cards, stored-value cards, corporate cards and multifunctional smart cards. Visa cards can be used by more than 29 million merchants in more than 300 countries and regions around the world, and local currency can be withdrawn from more than 800,000 ATMs in more than 30 countries. Visa's network system can handle 65,438+00,000 transactions per second at the earliest, and the annual credit card transaction volume exceeds 2.3 trillion US dollars. At present, the global circulation of Visa cards has exceeded 1 1 100 million, accounting for about 57% of the global payment card market.