Believe it or not, Discover Card is more widely accepted in China than Visa, MasterCard or American Express! Discover has a reciprocal acceptance agreement with China Union Pay in China. CUP is the largest payment network in China. read more
Believe it or not, Discover Card is more widely accepted in China than Visa, MasterCard or American Express! Discover has a reciprocal acceptance agreement with China Union Pay in China. CUP is the largest payment network in China. Discover also has reciprocal acceptance agreement with JCB in the far east and with Diners Club worldwide. read more
At other places, they either don’t carry the pos machines for Visa/Master card, or the merchant will try to ask you to pay by cash instead of using Visa/Master card; simply because they have much higher fees (around 3%) compared to the “China Union”(or Yin Lian in Chinese). China Union is the largest payment network in China. read more
The bottom line on Visa vs. MasterCard. For some people, choosing Visa or MasterCard may provide a minor feature or two that acts as an added convenience. But most people would be better off spending time comparing what issuers offer, such as cash back and rewards earnings. This is where you’ll find the most value per dollar. read more