Interesting! I actually got a physical U card with the "UnionPay" logo the day before yesterday! After two days of experience, domestic consumption is indeed unimpeded! It is very smooth and smooth to use on the vending machine downstairs in my community, so cool!
The bull market is here, it is easy to make money in the currency circle, but it is difficult to withdraw money! If you are not careful, you may get black money and your card will be frozen, or even be called by Uncle JC for questioning. Therefore, more and more people are starting to use U cards to withdraw money, recharge USDT from the exchange to the card and consume it directly, avoiding the risk of OTC withdrawal. I am also using them, all of which are virtual cards of VISA and MasterCard. The disadvantage is that there is no physical card, and you can't swipe the card or withdraw cash from ATM machines. It is a bit inconvenient to encounter merchants in China that only support UnionPay but not VISA and MasterCard.
A few days ago, a friend recommended me a physical bank card of Uniwise. The first feeling I got was surprise. It actually had the UnionPay logo! This means that swiping the card in China is unimpeded! With a physical card, you can also swipe the POS machine and withdraw cash at the ATM machine! Of course, it also supports UnionPay device scan code payment, and supports online binding of Cloud QuickPass, Meituan, JD.com, etc. After a few days of actual experience, I feel good, so I quickly share it with you. There is another safe way to withdraw money. I suggest you save it for future use.
This is the "UniWise UnionPay U Card Application Tutorial" just written by Lao Tang https://link.medium.com/lCDtmwqfEJb
Seriously remind everyone to pay attention! I just used this card, mainly for small purchases, and I don’t know much about the reputation, security, and stability of the issuer. I suggest that you be cautious at the beginning, use it for a small amount for a while, observe it, and don’t feel bad if there is a problem.
The card issuer printed on the card is "Global Cash". I searched and found that this is a Hong Kong company. The official website introduces it as Global Cash Technology Co., Ltd., which was established in 1999. "Global Cash" is a prepaid card brand under Global Cash Technology Co., Ltd. and is one of the first licensees of Hong Kong stored-value payment tools (license number: SVF0011). This is their official website's self-introduction. I can't verify it. It's for reference only.
I want to emphasize one more point. Lao Tang is just sharing his experience for your reference. I don't know this card issuer at all, and I don't guarantee this card. Please use it with caution in small amounts as a supplementary channel for withdrawals. Control the risk within your tolerance range. If there is any loss, you will be responsible for all the responsibilities. Lao Tang has no way to help you solve it. Please remember!