China's 2024 National Day Golden Week Sees 60% Rise in Outbound Travel Transactions and 120% Surge in Inbound Spending YoY via Alipay [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Tourists from Poland use the Alipay Tap! to buy coffee in Shanghai, China. (Photo: Business Wire) The number of outbound travel transactions made by Alipay users increased by more than 60% year-on-year. Top destinations included Malaysia, Korea, Thailand, Hong Kong SAR, and Singapore. In China, international travelers spent 120% more year-on-year using their international card-enabled Alipay accounts at merchants during the first four days of the National Day holiday. saw transaction volume increase by 130% during the holiday compared with the same period in September. Travelers made over 20 million interactions with the AI life assistant for an enhanced travel experience. HANGZHOU, China, October 07, 2024 BUSINESS WIRE )--During the 2024 National Day Golden Week, Alipay recorded a significant increase in both China's outbound and inbound tourism spending. Outbound Tourism The number of transactions made by Alipay users in overseas markets during the first four days of
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