BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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China
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Nepal
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Pakistan
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None of The Above
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Detailed explanation-1: -It provides bank card services and a major card scheme in mainland China. Founded on 26 March 2002, China UnionPay is an association for China’s banking card industry, operating under the approval of the People’s Bank of China (PBOC, central bank of China).
Detailed explanation-2: -Hong Kong, Macau, Japan (some ATMs), Korea, Singapore, Malaysia, Thailand, Russia, Kazakhstan, Vietnam, Cambodia, Turkey, USA, France (some ATMs), etc.; Citibank ATMs (in some countries) and etc.
Detailed explanation-3: -China UnionPay is among the largest card payment organizations (debit and credit cards combined) in the world offering mobile and online payments based on total value of payment transactions.
Detailed explanation-4: -UnionPay Debit card is your ideal choice, when you travel abroad, or purchase online from around the world, and at the same time you have a choice to pay with your own funds, directly from your own bank accounts. The UnionPay debit card is a great alternative to carrying cash or checks.
Detailed explanation-5: -In particular, UnionPay QR payments are accepted by over 30 million merchants in the Chinese mainland. Over 2 million merchants in 44 countries and regions outside the Chinese mainland in Asia Pacific, Central Asia, South Pacific, Middle East, Africa, and North America take UnionPay QR payments.