Prior to the launch of these payment options addressed to foreign visitors, Chinese regulators reportedly encouraged the development of mobile payment solutions that would improve the payment experience for travellers. Consequently, short-term visitors often encounter difficulties when trying to utilise these payment methods. Previously, using WeChat Pay and Alipay in China required a local bank account. The new process is significantly simpler. The purchases they make from the tens of millions of merchants supported by Weixin Pay will reportedly feature no transaction fees for purchases of less than or equal to USD 27.81 (or CNH 200).Ī similar process that requires foreigners to link their cards in the app is in place for Alipay. What is more, Weixin Pay extends a large array of payment options such as QR payments, payment codes, as well as Weixin Mini Programs and in-app payments.Īccording to the official press release, to set up their WeChat Pay/ Weixin Pay, foreign travellers to China have to use their passports or foreign permanent resident ID cards and link their international cards. This new development is seen as a way for Weixin Pay to fully open its Chinese merchant network to international card organisations.Īmong the categories that the merchant network features are dining, transportation, hotel accommodation, and shopping. The new capability is a new step in Weixin Pay's expansion that started in 2019 when the company enabled overseas users to link their international credit cards and use them to pay with various pilot services. More details about the new payment option What is more, the introduction of this new payment feature was announced ahead of major international sporting events like the FISU World University Games in Chengdu and the Asian Games in Hangzhou, which are anticipated to attract overseas tourists. The announcement comes as China has reopened its borders to foreigners following the pandemic. As a result, foreigners will be able to use WeChat Pay/ Weixin Pay and Alipay to make cashless payments whilst visiting the country. Tencent and Alipay have announced that they broadened their collaboration with international card companies such as Visa, Discover Global Network, JCB, and Mastercard in a bid to enhance foreign users' digital payment experience in China. China-based Tencent and Alipay have announced that they will facilitate cashless payments for foreigners that visit China.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |