日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

UnionPay mobile payments on the upswing

By He Wei in Shanghai | Updated: 2018-03-17 01:42
Share
Share - WeChat
A UnionPay advertisement is seen on a bus in London. An increasing number of overseas merchants now offer UnionPay payment services. provided to China Daily

UnionPay, China's national bank card payment processor, has seen an increase in its overseas mobile payment transactions even though traditional bank cards remain the most popular payment tool among Chinese travelers.

Figures from the Shanghai-headquartered company show that its volume of overseas mobile transactions completed via the UnionPay Mobile QuickPass — a near-field communication technology payment method — and QR codes increased 150 percent year-on-year during the Chinese New Year holiday period from Feb 15 to 21. The number of mobile transactions was three times higher than in 2017.

Furthermore, an increasing number of overseas businesses have started to offer UnionPay QR code payment services. For example, merchants in countries such as Nepal, Djibouti and Kenya have introduced UnionPay QR code payment services in the led-up to the 2018 Chinese New Year.

In Australia, Emporium Melbourne launched UnionPay card payment services in February. Over in Djibouti, the number of stores offering UnionPay's QR code payment service will reach about 500 by the end of March, according to the company.

Many businesses in Indonesia, Cambodia and Mauritius will also launch the service over the next few months.

UnionPay cardholders can currently make QuickPass payments in 18 countries and regions, including Singapore, Australia and Russia. Some stores in Japan and Hong Kong have also offered exclusive discounts to UnionPay QuickPass users.

"Accepting UnionPay makes for simple and pleasant shopping experiences for Chinese tourists who visit during the Spring Festival holiday," said Kate Rooney, manager of Emporium Melbourne.

Figures from UnionPay show that its services are available at more than 23 million businesses and 1.64 million ATMs in 168 countries and regions.

Growing disposable income and favorable visa policies have pushed the number of outbound Chinese travelers to new heights. Between 2012 and 2016, the number of Chinese outbound travelers soared 47 percent to 122 million from 83.2 million, according to the China National Tourism Administration.

The United Nations World Tourism Organization also reported that Chinese travelers spent $261.1 billion in 2016, the most in the world and double that of the United States.

As such, payment service providers are looking to capitalize on the boom by offering incentives to users. For example, tourists who use WeChat Pay, a Chinese mobile wallet that presently has about 800 million users, stand to enjoy cash rebates and discounts if their total expenditure crosses the $75 threshold.

"As mobile payment is increasingly welcomed by outbound tourists from the Chinese mainland, WeChat Pay plans to constantly invest in its cross-border business, with the aim of duplicating the domestic WeChat lifestyle overseas," said Grace Yin, WeChat Pay director for overseas operation.

Alipay, the mobile payment leader in China and WeChat Pay's biggest rival, has also set its sights on seizing a larger share of the overseas market. Apart from making its payment services available in overseas scenic spots and shopping malls, Alipay's parent company Ant Financial has also invested or partnered with local financial technology firms to boost its footprint. Ant Financial's portfolio now includes India's Paytm, South Korea's Kakao Pay, Thailand's Ascend Money and Mynth from the Philippines.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 91影片| 国产中文字幕在线 | 韩国久久久久无码国产精品 | 中文字幕国产一区 | 亚洲精品一区二区三区在线看 | 大片一级 | 草草视频免费在线观看 | free-porn-ok.com | 欧美三级成版人版在线观看 | 久久久亚洲伊人色综合网站 | 一级毛片在线免费观看 | 国产成人免费永久播放视频平台 | 亚洲www.| 欧美黑人疯狂性受xxxxx喷水 | 欧美一级毛片在线看视频 | 成人嘿嘿视频网站在线 | 国产日韩一区二区 | 国产高清视频在线 | 春色www视频在线观看 | 精品国产欧美一区二区 | 香蕉久久a毛片 | chinese 军人 gay xx 呻吟 | 久久精品久久久久久 | 亚洲精品一区二区三区在线观看 | 亚洲国产午夜电影在线入口 | 爱视频福利网 | 亚洲福利网 | 日本久久久久中文字幕 | 国产 一区 | 日日做日日摸夜夜爽 | 日出水了视频大全 | 婷婷激情综合色五月久久竹菊影视 | 国产成人精品一区二三区 | 黑色丝袜美女被狂躁 | 日本污网站 | 欧美一区| 毛片啪啪啪 | 天天看天天操 | 国产成人精品永久免费视频 | 777奇米视频 | 欧美一区欧美二区 |