1. UnionPay is a bank card organization in China. In other words, it is a credit card issued by a domestic bank. A joint-stock financial service institution jointly sponsored by more than 80 domestic financial institutions.

2.VISA is one of the two largest credit card organizations in the world, and its role is equivalent to UnionPay. Visa International has more than 700 member financial institutions, and issues various Visa payment instruments, including credit cards, debit cards, corporate cards, business cards and purchasing cards.

3.JCB is a bank card organization in Japan, that is to say, it is a credit card issued by the Bank of Japan. It is the earliest high-end card brand issued in the history of Japanese credit card industry.

Consumption:

1. UnionPay can rely on UnionPay to make cross-bank withdrawals in China and spend at any merchant. Some foreign countries support the withdrawal and consumption of UnionPay, such as Singapore and New Zealand.

2.visa covers the whole world. There are VISA merchants and ATMs all over the world. When going abroad, you can generally use Visa where there is no UnionPay.

3.JCB It is generally convenient to use JCB cards in Japan.

Extended data:

China UnionPay was established in March 2002. With the approval of the State Council and the approval of the People's Bank of China, China Bank Card Association is headquartered in Shanghai.

As a joint bank card organization in China, China UnionPay is in the core and pivotal position in the bank card industry in China and plays a fundamental role in the development of the bank card industry in China. Through the inter-bank transaction clearing system of UnionPay, banks have realized the interconnection between systems, thus realizing the inter-bank, inter-regional and cross-border use of bank cards. On the basis of building and operating the inter-bank transaction clearing system of UnionPay and realizing the universality of bank card networking, China UnionPay actively cooperates with commercial banks and other industrial parties to promote the unification of UnionPay card standards and norms and build its own brand of bank cards; Promote the development and application of bank cards; Maintain the market order of bank card acceptance and guard against bank card risks. Through the inter-bank transaction clearing system of UnionPay, the interconnection and resource sharing between commercial banking systems can be realized, and the inter-bank, inter-regional and cross-border use of bank cards can be ensured.

Banks are financial institutions established in accordance with the law to operate monetary credit business, and they are the products of the development of commodity monetary economy to a certain stage.

Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, investment banks and the World Bank, with different responsibilities.

Central Bank: China People's Bank is the central bank of China.

State-owned policy banks: including The Export-Import Bank of China, China Agricultural Development Bank and China Development Bank. ?

State-owned commercial banks: including China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, China Postal Savings Bank and Bank of Communications.

Investment banks: including Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, UBS Group AG, Societe Generale, etc.

World Bank: It is used to help countries overcome poverty. Various institutions play a unique role in alleviating poverty and improving living standards.

Reference link: Bank _ Baidu Encyclopedia China UnionPay _ Baidu Encyclopedia