1, dual-currency credit card:

When spending by credit card in China, RMB is used for settlement; If you swipe your card abroad, you will automatically enter the settlement system. Depending on the type of card, it will be converted into US dollars or euros first, then into local currency for settlement (note: in non-US dollars or euro zone), and then converted when repayment is made.

In this process, due to currency conversion, 1%~2% will be charged. There is a currency conversion fee for each overseas credit card consumption, and the daily currency conversion fee will be determined according to the exchange rate changes of the day.

2. UnionPay standard card:

It is settled in RMB, and there is no currency conversion fee for overseas POS consumption and domestic repayment.

Compared with VISA or MASTERCARD, dual-currency credit cards can be used in more than 200 countries, but UnionPay standard cards are not used enough in 6 1 countries, and may not get as many discounts and benefits as dual-currency credit cards in travel and accommodation.

3. Alipay and WeChat payment:

Many Southeast Asian countries and regions have begun to support Alipay and WeChat payment. As long as the mobile communication network is unblocked, you can enjoy the convenience of cashless life.

Extended data

1, UnionPay credit card

Logo: The English word "UnionPay" and the Chinese character "UnionPay" are set against the background of the parallel arrangement pattern of red, blue and green bank cards. Starting with "62", "60" and "9", "62" is the most common.

2.VISA credit card

Logo: with the word "VISA" and starting with the word "4".

3. MasterCard

Logo: There is a red and yellow globe on the card surface, with the word "mastercard" affixed, beginning with the word "5".

UnionPay is a card organization in China, and VISA and Master are both card organizations in the United States.

Use area:

Generally speaking, it is enough to use UnionPay cards in China, while UnionPay cards starting with "62" and "60" are UnionPay standard cards that meet international standards and can be used abroad. Visa is more popular in Australia and Asian countries, while MasterCard is more convenient in Europe and North America. In China, VISA is used more widely than MasterCard.

In addition to the most common credit card types mentioned above, there are AmericaExpress and some dual-currency and multi-currency credit cards. American Express uses a relatively small area, usually a little more in the North American market. Dual-currency and multi-currency credit cards are applicable to the corresponding currency range.

References:

Baidu Encyclopedia-Dual Currency Credit Card