1. An image processing method for use with a terminal having a first camera lens and a second camera lens, wherein the first camera lens and the second camera lens are located on a same side of the terminal, the method comprising: acquiring a first image captured by the first camera lens and is about a first area, and acquiring a second image captured at a same moment by the second camera lens and is about a second area; performing translation compensation on the second image by using the first image as a reference image; and fusing the first image and the second image that is obtained after translation compensation is performed, to generate a third image, wherein a resolution of the third image is higher than a resolution of the first image and a resolution of the second image; wherein performing translation compensation on the second image by using the first image as a reference image comprises: determining a translation vector between the first image and the second image, and performing, according to the translation vector, translation compensation on the second image captured by the second camera lens; wherein the translation vector is determined by using the following formula: 
 d=B*f/Z ; wherein: d indicates a translation vector of an object in the second image relative to the first image, wherein a distance between the object and a plane on which the first camera lens and the second camera lens are located is Z, B indicates a distance between the first camera lens and the second camera lens, Z indicates a vertical distance between the object and the plane on which the first camera lens and the second camera lens are located, and f indicates a focal length of the first camera lens or a focal length of the second camera lens.