UnionPay International joins forces with industry players to optimize payment experience for international visitors to China [Yahoo! Finance]
INDUSTRIAL & COM UNSP/ADR (IDCBY)
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Source: Yahoo! Finance
Alipay and Weixin payments are fully enabled for UnionPay cards issued outside China's mainland, providing more diversified, convenient and inclusive payment options for inbound travelers to China . The collaboration with Weixin Pay is supported through the Industrial and Commercial Bank of China (ICBC). In order to further optimize payment services, UnionPay launched Project Excellence 2024 in March, joining hands with various industry stakeholders to build a convenient, inclusive, and accessible payment ecosystem. This collaboration is the latest achievement of the Project. From now on, international travelers to China can download Alipay or Wexin applications, link their local UnionPay cards, and enjoy the same convenience of QR payments as the Chinese users do. This innovative payment method will provide more convenience for inbound visitors to pay in China : No service fee will apply throughout the payment process as initial promotion, which enables users to make payments as
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