The integration of Visa and Mastercard with Alipay and WeChat Pay marks a transformative leap for the global digital payments landscape. For tourists exploring China or engaging in international transactions, this integration provides a seamless and secure cashless experience. In addition, for European and American merchants, adopting these payment methods opens the door to the vast Chinese market and a wider international customer base.
Read MoreAs the most transformative force in years, the Covid-19 pandemic has accelerated some payment trends that are now shaping the future of the payment industry. Businesses and payment providers should understand these 5 key payment trends of the future in order to remain competitive
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