Core Viewpoint - Apple Pay has opened the option to bind Visa cards, requiring users to rebind previously linked dual-branded cards, which can now be used with either Visa or UnionPay depending on the merchant's acceptance [1][3]. Group 1: Apple Pay and Dual-Branded Cards - Users must rebind dual-branded cards (Visa and UnionPay) after Apple Pay's update, allowing them to select which card to activate during the binding process [1]. - Once reactivated, users can choose between Visa for overseas transactions and UnionPay for both domestic and international transactions [1][3]. - The dual-branded card, a product of the collaboration between UnionPay and foreign card organizations, was created to address the challenges of using UnionPay cards abroad and foreign cards domestically [5]. Group 2: Industry Insights - The dual-branded card is considered a transitional product in China's banking market, with new issuances ceasing as foreign card organizations gain licenses to operate domestically [5]. - The convenience and security of using Apple Pay for contactless transactions are highlighted, as it reduces the risk of card theft and allows users to carry fewer physical cards while traveling [5].
苹果宣布Apple Pay支持Visa卡,安全吗