Sign Up
Stories
Chinese Payment Platforms Adopt Visa and Mastercard
Share
Financial Innovations and Cross-Border V...
Alipay's AI Campaign Attracts 600 Millio...
Ant Group's $200 Million Acquisition
China Regulates Nonbank Payment Institut...
Overview
API
Chinese payment platforms Alipay and WeChat Pay now accept Visa and Mastercard, enabling travelers to make digital payments via mobile devices at millions of locations in China. This move aims to benefit popular travel destinations and enhance the experience for foreign visitors in China.
Ask a question
How does this development align with China's push for a cashless society and the adoption of its central bank digital currency?
How might the acceptance of Visa and Mastercard on Chinese payment platforms impact the global travel sector?
What challenges or limitations do foreign visitors face when using these payment methods in China?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Apr 2023
May 2023
Jun 2023
Jul 2023
Coverage