Credit card consumption has been enabled in the Mount Everest region of Tibet, China

>Card consumption has been enabled in the Everest region of Tibet, China China UnionPay, in conjunction with Agricultural Bank of China and other financial institutions, recently launched in Tingri County, Xigaze, Tibet, where Mount Everest is located...

Card consumption has been enabled in the Everest region of Tibet, China China UnionPay, together with the Agricultural Bank of China and other financial institutions, recently deployed POS machines in Dingri County, Xigaze, Tibet, where Mount Everest is located. This means that the Tibet UnionPay acceptance network spans across the mountains and extends to the Mount Everest region, known as the “Top of the Earth”. Dingri County in the Shigatse Prefecture of Tibet is located at the foot of Mount Everest at the northern foot of the middle section of the Himalayas. It is also the only place to climb Mount Everest from China. The average altitude of the county is 4,300 meters, and the average altitude of the county is more than 5,000 meters, 318 The national highway runs through the entire county. There are four peaks above 8,000 meters above sea level, including Mount Everest and Cho Oyu Peak, as well as famous scenic spots such as Karmagou Valley and Rongha Forest. Every year, a large number of domestic and foreign mountaineering enthusiasts and tourists are attracted here to climb and travel. However, due to the high altitude and lack of resources, Dingri County has long used cash transactions as the payment settlement method, which cannot meet people's convenient and safe payment needs. “In the future, when you go hiking or traveling in the Mount Everest region, you don’t need to bring a large amount of cash. You can easily make purchases with a UnionPay card,” said Lin Weidong, general manager of the Tibet Branch of China UnionPay Co., Ltd. UnionPay standard cards and UnionPay logo cards can be used to make purchases in Tingri County. In recent years, with the rapid economic and social development of Tibet, especially after the Qinghai-Tibet Railway was opened to traffic, the tourism industry has developed in an all-round way. China UnionPay continues to optimize the UnionPay card acceptance environment in Tibet. By the end of 2010, the number of online merchants, POS and ATMs in Tibet had reached 1.6 times, 1.5 times and 1.2 times respectively as at the end of 2009, basically covering tourism, catering, retail, hotels and other industries closely related to people's livelihood.