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Do you know U card?
Nowadays, many friends in the currency circle should be using or have heard of U card, so how much do you know about U card?
What is the use of U card?
The essence of U card can be understood by everyone as a bank card of an overseas bank. The magic of it is that in addition to being able to recharge foreign currency, such as US dollars or Hong Kong dollars, U card's main function is to recharge U, and then you can use U card to consume in offline stores or withdraw cash at ATM machines.
So how does U card convert digital currency into legal currency?
In fact, the digital currency that users recharge into U card will be settled as foreign currency, such as US dollars or Hong Kong dollars, by the operator of U card and stored in your U card, so that when you use U card for consumption, you will settle in these foreign currencies.
Therefore, there is actually no difference between users using U card and using other bank cards with international payment functions.
So, what U cards are there now?
There are many U cards now, such as MasterCard U card, Visa U card and UnionPay U card. Different issuing organizations have different rules, and you can choose according to different needs.
How to choose among so many U cards?
I recommend UnionPay U card, why?
UnionPay is at the top level in the global payment field, and is among the best in Asia.
Therefore, using UnionPay U card can be used in banks or merchants with UnionPay logos around the world. Whether it is domestic consumption or international consumption, it is very convenient and safe.