What does UnionPay mean?

Unionpay is a joint bank card organization in China, which helps banks to settle transactions through UnionPay. In addition to urban and rural areas in China, UnionPay's network also extends to overseas areas such as Asia, Europe and America. The competent unit of UnionPay is the People's Bank of China, and the enterprise is state-owned.

Customers who hold UnionPay cards can not only use their cards at home, but also spend their money overseas without paying a currency conversion fee ranging from 1 ~ 2%. It can be said that the function of the card is very practical.