At present, the common financial institutions are UnionPay, VISA, MasterCard, American Express and JBC.
UnionPay is a bank card organization in China. With the help of savings cards and credit cards organized by UnionPay, you can withdraw money from domestic banks and spend it on merchants' POS machines. At present, many overseas countries such as Singapore and New Zealand also support the withdrawal and consumption of UnionPay.
VISA, MasterCard, JCB and American Express are all overseas card organizations.
Among them, VISA's special merchants are mainly concentrated in North America, Asia Pacific and other regions;
MasterCard's special merchants are mainly concentrated in Europe, Southeast Asia and other regions;
JCB- Japan Credit Card Co., Ltd., the special merchants are mainly concentrated in Japan;
American Express has issued American Express cards in 130 countries and regions, providing advanced card services to more than 7 million cardholders of global1700,000 corporate customers.