"Going global" to promote mobile payment: a pragmatic move to further expand opening up. Foreigners often encounter problems such as insufficient coverage of foreign cards or difficulty in getting change for cash payments when paying in China.
In 2023, Alipay will cooperate with Bank of China, ICBC, ChinaNet, and overseas wallets to launch two sets of mobile payments. The average daily number of transactions in the fourth quarter of 2023 will be approximately twice that of the third quarter. Data shows that during this year’s Spring Festival, the amount spent by overseas tourists using Alipsay in China increased by 500% year-on-year.