Tourists promote mobile payment new Ma Tai 3/4 merchants accept WeChat Alipay

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 Tourists promote mobile payment new Ma Tai 3/4 merchants accept WeChat Alipay


NetEase technology news January 22nd, according to foreign media reports, market research firm Nelson (Nielsen) released a survey with Alipay on Monday, Singapore, Malaysia and Thailand 3/4 of supermarkets and convenience stores now accept Chinese version of mobile payment. According to the survey, the adoption rate of mobile payment has increased rapidly in the past two years, and Chinese tourists used mobile payment overseas more than cash payment last year.

In just a few years, mobile payment has become so ingrained in the lives of Chinese people that they are pushing stores in overseas tourist destinations to adopt the technology, CNBC reported today.

Three-quarters of supermarkets and convenience stores in Singapore, Malaysia and Thailand now accept mobile payments from China, according to a survey released Monday by Nielsen. In these countries, about 71% of duty-free stores and luxury goods stores also use such mobile payment.

The survey jointly released by Nelson and Alipay today is the result of a survey of 1244 merchants and 2806 Chinese residents in the autumn of 2018. At present, the two monopolistic service providers providing mobile payment services in China are Alipay and WeChat respectively.

Zhao Xinyu, president of Nielsen China, said in a statement that as Chinese tourists increasingly personalize and grow in demand, improving the global coverage of mobile payments will be a long-term project for businessmen.

According to Ctrip, Thailand is expected to become the most popular overseas tourist destination for Chinese tourists during the Chinese Spring Festival in February. The travel booking website predicts that 7 million Chinese tourists will go abroad during the upcoming Chinese Lunar New Year holidays, while Japan, Malaysia, Singapore and the United States rank among the top 10 destinations.

From street vendors to high-end department stores, mobile payments have spread throughout China. According to the Hillhouse Capital study, which cites data from Analysys, a big data company, mobile payments soared from about $5 trillion in 2016 to nearly $16 trillion in the first quarter of 2018.

As Chinese touristsmobile payment habits are brought abroad, businessmen are rapidly adapting. Nielsens survey found that 88% of mobile payment businesses in Singapore, Malaysia and Thailand have adopted the technology in the past two years. Among those who accept mobile payment, 40% of the total lobbyist traffic has increased.

About 60% or more of Chinese respondents said they used mobile payments during their trips to the United States, Canada, the United Kingdom, France, Germany and Italy last year, according to the survey.

Overall, Chinese tourists paid more by mobile phone than by cash when they traveled last year. Bank cards are still the most common means of payment, while shopping, accommodation and catering are still the top three categories of expenditure. It should be pointed out that the increase of technology support overseas does not necessarily mean that the local people will soon use the technology. For example, Alipay needs a Chinese mobile phone number and bank account. This payment technology can only be used abroad through partnerships with local businessmen and companies. However, just as luxury stores employ Mandarin speaking staff to serve Chinese tourists, more destinations may feel the need to accept Alipay and WeChat payments. Chen Jiayi, director of Alipay international business division, said in a statement, looking forward to the future, we will support more local businesses to establish contacts with Chinese tourists and promote their business growth. (Tianmen Mountain) Source of this article: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541

Overall, Chinese tourists paid more by mobile phone than by cash when they traveled last year. Bank cards are still the most common means of payment, while shopping, accommodation and catering are still the top three categories of expenditure.

It should be pointed out that the increase of technology support overseas does not necessarily mean that the local people will soon use the technology. For example, Alipay needs a Chinese mobile phone number and bank account. This payment technology can only be used abroad through partnerships with local businessmen and companies.

However, just as luxury stores employ Mandarin speaking staff to serve Chinese tourists, more destinations may feel the need to accept Alipay and WeChat payments.

Chen Jiayi, director of Alipay international business division, said in a statement, looking forward to the future, we will support more local businesses to establish contacts with Chinese tourists and promote their business growth. (Tianmen Mountain)