The latest data released by UnionPay International shows that in 2022, more than 25 million UnionPay cards will be issued overseas, and the cumulative issuance scale of overseas UnionPay cards will exceed 200 million. These cards can be easily used in the global UnionPay acceptance network, including 38 million overseas merchants. In recent years, more and more tourists, business travelers and international students regard UnionPay card as the preferred payment tool for cross-border consumption. According to the RBR report of the British consulting company, UnionPay has become the most widely accepted card organization offline in the world. The acceptance rates of UnionPay cards in Asia Pacific, Europe and North America reached 95%, 80% and 80% respectively. UnionPay cards can be used in 50 countries in Africa. Recently, Qatar has basically fully supported UnionPay cards, Indonesia's acceptance coverage has increased to 95%, and the card environment in Saudi Arabia, Bahrain and other places has been greatly optimized. "Where Chinese people go, UnionPay cards will be used" has become a real card experience. According to statistics, at present, 181 countries and regions have supported UnionPay cards, and 78 countries and regions have issued UnionPay cards. The number of merchants accepted overseas and the scale of new card issuance have increased by 4 times and 10 times respectively compared with the beginning of UnionPay International. Relying on the continuous improvement of the acceptance network and the increasing service capacity, UnionPay International has continuously promoted the development of business localization, and the scope of card issuance, growth rate and market share have been continuously improved. UnionPay card has become a new payment choice for consumers in some markets. In the Asia-Pacific region, for every four new bank cards issued in the region, one is UnionPay card. According to the recently released Nielsen Report, in 2021, the transaction volume of UnionPay in the Asia-Pacific region ranked first among the major international card organizations. More than 150 million UnionPay cards have been issued along the "the Belt and Road". At present, more than 22 million online merchants in more than 200 countries and regions support UnionPay cards, and 16 million merchants in 98 countries and regions support UnionPay mobile payment services. Wang Pengbo, chief analyst of the financial industry at Broadcom Consulting, believes that the issuance of UnionPay cards overseas has exceeded 200 million, which is also closely related to the usage habits of users in the overseas payment market. From the perspective of the acceptance environment of many overseas payment markets, the core of their payment scenarios is bank cards, and a series of complete processes and scenarios from issuance to use have been created around bank cards. Therefore, it is very convenient to use bank card for payment in these areas, and consumers have been more accustomed to using bank card for payment for many years, which is also conducive to the promotion of UnionPay card overseas. In overseas markets, the pace of digital transformation of UnionPay is also accelerating. In order to adapt to the changes in consumer payment habits, UnionPay International continues to apply the technology, standards and market experience of domestic mobile payment to the international market. UnionPay provides "cloud flash payment", UnionPay mobile phone flash payment, QR code wallet and other mobile payment products overseas. Users can enjoy the "one sweep", "one wave" and "one key" multiple payment experience. Some products realize one mobile phone for full-scene payment. At the same time, more than 170 overseas wallet products support the binding of UnionPay cards, distributed in more than 30 countries and regions in Northeast Asia, Southeast Asia, South Asia, and the Middle East. Among them, the Hong Kong and Macao version of "cloud flash payment" has been connected to almost all local card issuers in the past four years, and the total number of cards tied has exceeded 2.76 million, making it the most popular mobile payment for Hong Kong and Macao residents