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What is PayPal and what bank cards does it support?

Many domestic consumers will see the PayPal payment logo when shopping abroad. People who often shop online or travel overseas want to open PayPal. So what is PayPal? Pay? What bank cards does PayPal support? Let’s take a look below.

PayPal is a third-party payment system, similar to my country's Alipay. PayPal was established in December 1998 and is headquartered in San Jose, California, USA. In 2002, PayPal was first listed on Nasdaq and was subsequently acquired by eBay. PayPal's common currencies are Canadian dollars, Euros, British pounds, US dollars, Japanese yen, and Australian dollars.

PayPal supports UnionPay cards issued by the following banks: Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank, Hua Xia Bank, CITIC Bank, Industrial Bank , China Minsheng Bank.

In general, PayPal is very widely used abroad. Mainstream merchants and shopping websites all support PayPal payments. For some people, you can consider opening PayPal. At present, there are many domestic banks that support PayPal. You can refer to the places mentioned above.