Why is my feed suddenly full of people discussing the risks of using U cards? zhaozhao’s personal take is that currently, all U cards, when used for transactions within China, are actually settled entirely through Visa or Mastercard’s international clearing systems. How to understand this quickly? If you compare U cards to the familiar concept of on-chain interactions, then using a U card is essentially equivalent to interacting with the Visa and Mastercard protocols. For users with mainland China identities, regardless of the method used for large withdrawals, frequent operations, or helping others cash out, it’s very easy to trigger foreign exchange controls, be identified as engaging in disguised foreign exchange trading, and cross the red line. ——————————— Recently, some friends tried using U cards to open ChatGPT but got rejected. This has nothing to do with U cards triggering risk controls, okay? If a particular consumption scenario has stricter controls, just clear the cache, switch to a different node, like the U.S., and you’re good to go. In Southeast Asia, most shops display Visa/Mastercard logos, and using Apple Pay is super convenient. For small payments, binding your U card to Apple Pay ｜Tap To Pay is super handy! When zhaozhao was in Chiang Mai, even buying breakfast was done using the Bitget Wallet card. If you’re heading to Thailand soon, you can try out the Bitget Wallet card— it’s super smooth. https://newshare.bwb.global/zh/referralLanding?inviteCode=NthuTp&utm_source=newInviteRebate&type=card ———————— For large deposits and withdrawals, please make sure to only use official and compliant channels (e.g., legitimate foreign exchange purchases through banks).