On the one hand, it is a compatibility issue; on the other hand, the issuance of chip cards basically requires re-approval. At present, UnionPay basically does not approve dual-currency cards, so it should be difficult for such products to appear in the future. ICBC once issued a dual-currency chip card, which took the form of EMV and PBOC chips at two ends respectively, and stopped issuing it shortly after it went online. Dual-currency card: refers to a bank card issued by many domestic banks with two currency settlement accounts, namely RMB and foreign currency accounts, and with the logo of UnionPay and another international bank card organization. Dual-currency cards usually use RMB as the settlement currency in the settlement network of UnionPay in China, and foreign currency can be used as the settlement currency in the settlement network of international bank card organizations designated by the dual-currency card logo abroad. (Of course, countries with UnionPay network abroad can also use RMB for settlement). Dual-currency card is a transitional product under the current foreign exchange control in China. Common international bank card organizations include Visa (Visa), Master (MasterCard) and American Express (American Express), and all three international bank card organizations have cooperated with major domestic banks to issue bank cards. Because financial IC cards are no longer allowed to issue dual-currency cards, the issuance of magnetic stripe cards stopped on January 1, 215, and dual-currency cards, as a transitional product, ended its mission. In fact, there is no such thing as a dual-currency card in the world. This kind of statement only exists in China. If your card has the logo of any card organization, it can be used in this area, and it is generally settled in the currency of the place where it is accepted. Because it is characteristic of China, people who have UnionPay and VISA (or other) logos often think that it is a dual-currency card. The cards with UnionPay and VISA logos issued by China should be called dual-label cards (two card organization logos), and dual-label cards and dual-currency cards are two concepts. UnionPay and VISA dual-label cards represent the significance that this card can be accepted by merchants or terminals in UnionPay network and VISA network. It doesn't mean that your card has two logos, UnionPay and VISA. It is a dual-currency card.