Dear MEL Topic Readers,
Visa and Mastercard can now be used on China’s biggest payment apps
Finally! If you’ve ever visited China, you know there is one thing you most desperately wanted to have besides your passport. A mobile payment app. China has already become a nearly cashless society. Almost everyone who owns a smartphone now uses mobile payment. Over 80% of their monthly expenditures are now paid by mobile payment services, including shopping, dining, utility bills taxes, bus and train fairs, and anything you name it. In China, paying in cash makes you feel guilty or unwanted, especially after Covid. So, just like taking a Visa or Mastercard with you when you travel abroad, installing WeChat Pay by Tencent or Alipay by Alibaba on your smartphone makes your trip to China hassle-free. However, it wasn’t possible for foreign travelers because they aren’t allowed to open a bank account in China. Now, those two mobile payment giants allow you to link their payment apps with Visa or Mastercard! You can now use your phone for most of the payments just like Chinese locals. Since maps, language translation, and payments are all done by a smartphone, you can now visit China only with your smartphone and passport.
Enjoy reading the article and learning about how convenient it has become to visit China.
https://edition.cnn.com/2023/07/21/tech/china-alipay-wechat-pay-international-credit-cards-intl-hnk/index.html
Visa and Mastercard can now be used on China’s biggest payment apps
Finally! If you’ve ever visited China, you know there is one thing you most desperately wanted to have besides your passport. A mobile payment app. China has already become a nearly cashless society. Almost everyone who owns a smartphone now uses mobile payment. Over 80% of their monthly expenditures are now paid by mobile payment services, including shopping, dining, utility bills taxes, bus and train fairs, and anything you name it. In China, paying in cash makes you feel guilty or unwanted, especially after Covid. So, just like taking a Visa or Mastercard with you when you travel abroad, installing WeChat Pay by Tencent or Alipay by Alibaba on your smartphone makes your trip to China hassle-free. However, it wasn’t possible for foreign travelers because they aren’t allowed to open a bank account in China. Now, those two mobile payment giants allow you to link their payment apps with Visa or Mastercard! You can now use your phone for most of the payments just like Chinese locals. Since maps, language translation, and payments are all done by a smartphone, you can now visit China only with your smartphone and passport.
Enjoy reading the article and learning about how convenient it has become to visit China.
https://edition.cnn.com/2023/07/21/tech/china-alipay-wechat-pay-international-credit-cards-intl-hnk/index.html
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