The two payment giants began to loosen those conditions in recent months as the country emerged from three years of stringent Covid restrictions.Ĭargo ships load and unload containers at the port container terminal in Lianyungang, Jiangsu province, China, July 16, 2023. But only select Chinese merchants were allowed to process the cards. In 2019, Alipay and WeChat started allowing the use of foreign credit cards on their apps as Chinese regulators eased restrictions. Alipay and WeChat Pay are dominant in digital payment services, accounting for a combined 91% market share.īut for most foreign visitors, accessing the apps’ services was previously impossible - they needed to have a mainland Chinese bank account and a local mobile phone number. And more than 80% of the transactions for daily consumption take place on mobile platforms, according to figures from Chinese card payment company UnionPay. WeChat users can now link credit or debit cards issued by Visa, Mastercard, JCB or Discover for payment at tens of millions of merchants in China, the social media and gaming company said.Ĭhina is almost a cashless society with $434 trillion in electronic transactions annually. WeChat Pay is officially known as Weixin Pay in China. (TCEHY), which owns the country’s second most popular payment app WeChat Pay, made a similar announcement. “Athletes and tourists from all over the world can use Alipay nationwide to enjoy various convenient services such as shopping, taking taxis, taking subways, and visiting scenic spots.” “As the Chengdu and the Hangzhou Asian Games approach, more and more foreign tourists have come to China, and they may need to use mobile payments for basic necessities of life,” the Hangzhou-based fintech giant, an affiliate of Alibaba Group The companies said previously that they were acting under the guidance of Chinese regulators, as Beijing seeks to attract foreign investment and international travelers to boost its flagging economy.Īlipay, China’s largest payment app operated by Ant Group, announced on Friday that overseas users can link cards issued by Visa and Mastercard, as well as Diners Club and Discover to their digital wallets. The move marks a revival of efforts by Alipay and WeChat Pay to accept foreign credit cards after they provided some limited access in late 2019. (MA) accounts to China’s most popular mobile payment platforms, allowing them to book taxis, ride the subway and pay for goods and services at millions of outlets across the near-cashless country. Starting Friday, visitors are able to link their Visa Enter the code and tap Confirm Mobile Number.Visiting China just got a whole lot easier for international travelers.Tap the number you want to confirm, then tap Get Your Code.To resend the confirmation code on the app: When you receive the code, enter it and click Validate. In the Phone Numbers section, next to the number you'd like to confirm, click Confirm.To resend the confirmation code from the PayPal website: For security reasons, the code expires in 15 minutes from the time it's issued. Enter this code to your PayPal account to confirm your mobile number. When you add a mobile number to your PayPal account, we send you a text message with a confirmation code. (You can only remove a phone number if you have at least two added to your PayPal account.) To remove a phone number, tap the number, scroll down, and tap Remove.To edit a phone number, tap the number, make your edits, then tap Update.To add a new phone number, tap + Add a phone number, enter the number, and tap Add.To add, change, or remove a phone number on the app: To remove a phone number, click Remove beside the number.Make your edits, then click Update Number. To edit your phone number, click Change next to the number.Enter the details then click Add phone number. (Remember to confirm it). Click + Add New to add a new phone number.Here’s how to add, change or remove a phone number on the PayPal website: We suggest you review and update the mobile number registered on your PayPal account regularly to make sure it's up to date. When you add your mobile number, we'll be able to get in touch with you or reach you via text message to help service your account.
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