UnionPay International and Bank of China Frankfurt Branch Launch SplendorPlus Debit Card in Germany, Marking its European Debut [Yahoo! Finance]
BANK OF CHINA UNSP/ADR (BACHY)
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Source: Yahoo! Finance
Branch announced the launch of the SplendorPlus Debit Card, marking its first issuance in Europe. Tailored to serve local residents in Germany to travel to China, the card caters to the surge in travel to China, offering a cost-effective and convenient cross-border payment solution for seamless transactions during their trips. This initiative also reinforces cross-border engagement and long-term institutional cooperation. The SplendorPlus Card combines the strength of the Bank of China brand with the reach of UnionPay's global network, offering customers convenient purchases both locally and internationally, with seamless spending experiences in China. Key highlight for cardholders is the cashback incentive: 1% cash back on transactions made via the UnionPay network in Chinese mainland. In Germany, UnionPay services are widely available in key tourist areas, including airports, shopping districts, and outlet villages, covering merchants such as department stores, duty-free shops,
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