开启境内外消费新时代，招商银行首推万事达境内外人民币清算借记卡

Core Viewpoint - The launch of the "China Merchants Bank Mastercard Debit Card" marks a significant advancement in cross-border payment solutions, allowing for direct RMB settlement both domestically and internationally, enhancing the payment experience for Chinese consumers [1][2]. Group 1: Product Features - The Mastercard Debit Card is the first card in China that supports RMB settlement for both domestic and international transactions, filling a gap in the cross-border payment market [2]. - The card allows users to make purchases abroad with transactions converted directly to RMB, eliminating the need for third-party currency conversion and improving fund utilization efficiency [2][3]. Group 2: User Benefits - The card offers multiple benefits for cross-border consumers, including no fees for the first three ATM withdrawals abroad each month, no foreign ATM inquiry fees, and no currency conversion fees [3]. - Additional incentives include a 5‰ exchange rate subsidy for overseas transactions and a 6.8% discount on tuition currency exchange for students, making it particularly attractive for families with students studying abroad [3]. Group 3: Market Context - The issuance of this card aligns with the ongoing internationalization of the RMB, as Mastercard received approval for overseas RMB clearing operations in 2023, prompting a swift response from China Merchants Bank to meet market demand [2]. - China Merchants Bank has over 200 million personal customers and total retail customer assets exceeding 15 trillion RMB, indicating a strong market presence and commitment to enhancing customer service and product offerings [4].