But he's an advance, not a debit card. The main card organizations issued by the better known international banks are still MasterCard and Visa.Perhaps not only; e.g. Swiss Dukascopy issues it, too, IIRC. But mostly.
(I'm not sure whether you have noticed my update.)But he's an advance, not a debit card.
Yes, I think you are right.The main card organizations issued by the better known international banks are still MasterCard and Visa.
Many banks in Hong Kong, Singapore and Macau issue UnionPay debit or credit cards. But I don't find it very useful, except when you use it locally
CIM Bankque doesn't issue, it's a prepay card issued by some other provider (can't remember the name).
Used all over Asia -> UnionPay is great because its on Chinese rails.Many banks in Hong Kong, Singapore and Macau issue UnionPay debit or credit cards. But I don't find it very useful, except when you use it locally
This made me laugh so hard! Reminded me of this:The only time they didn't ask for a paper-trail was when i owed them some money whilst closing the account - that time they made an exception lol.
Are you sure? I've just checked this https://www.cimbanque.com/en/private-banking/credit-and-prepaid-cards/union-pay/...CIM Bankque doesn't issue, it's a prepay card issued by some other provider (can't remember the name).
I am not advocating for CIM Banque. At least, their fees are not friendly .The only time they didn't ask for a paper-trail was when i owed them some money whilst closing the account - that time they made an exception lol.
I agree with you.Used all over Asia -> UnionPay is great because its on Chinese rails.
In a world of geopolitical change this is important for a number of reasons.
- diversification (can't buy a plane ticket in a war if the payment processor goes dark -> see Russia Visa/Master etc.
- privacy (in time of heated exchanges ->states are looking at their overseas citizens in the region as potential enemy combatant and want as much information on them as possible, before deciding to intern them.
- Deficit explosion -> in a time of instability governments are looking where to loot, pretty hard if that information is outside of their control.