Group 1 - UnionPay International and Bank of China (Australia) Limited announced a partnership to issue UnionPay single-network dual-currency debit cards in Australia, marking a significant milestone for UnionPay's operations in the region [1] - The new debit card supports innovative features such as contactless QuickPass payment and online purchasing, catering to diverse payment needs of cardholders [2] - The card allows dual-currency settlement, automatically selecting the relevant payment currency based on the linked account, facilitating transactions in both CNY and AUD without currency conversion fees [2] Group 2 - There was a 150% increase in air ticket bookings by Australian travelers to China during the "May Labour holiday" in 2025, indicating a rising trend in travel to China [3] - UnionPay's global acceptance network, combined with Bank of China's resources, aims to enhance the payment experience for Australians traveling in China or engaging in cross-border transactions [3] - UnionPay continues its "Project Excellence" initiative to improve payment facilitation for foreigners in China by expanding card issuance outside China and optimizing card acceptance within the country [3] Group 3 - In Australia, major offline merchants and ATMs widely accept UnionPay payments, with approximately 90% supporting UnionPay QuickPass, enhancing payment convenience for various users [4] - The increasing acceptance of UnionPay is making it a preferred payment brand for Australians for both local and overseas transactions, especially when visiting China [4]