Witness a surge in cross-border consumption, driven by WeChat Pay's seamless integration into sectors like tourism and transportation. Experience the convenience of digital payments, empowering businesses to cater to Chinese tourists. Discover Silkpay's role in connecting merchants with Chinese consumers.
Read MoreIn order to attract more international tourists and enhance their consumption experience in China, China is actively promoting Alipay and WeChat Pay to link overseas cards. This will not only help promote the development of tourism, but also enhance the convenience of cross-border transactions. At the same time, Silkpay can help European and American merchants accept these Chinese e-wallets as payment methods.
Read MoreThe 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 MoreIn embracing the collaboration between Alipay and Naver Pay, merchants worldwide stand poised at the threshold of an expansive and interconnected market. This partnership, coupled with Silkpay's support, not only streamlines transactions and fosters customer trust but also opens doors to an extensive consumer base.
Read MoreAfter the Covid-19, Chinese consumers began to choose to travel overseas in large numbers. For Chinese clients, familiar and convenient payment methods like Alipay are a major attraction for their consumption. Merchants in Europe and the USA need to seize the opportunity of the dramatic increase in Chinese tourists by integrating Alipay and WeChat Pay into their payment options.
Read MoreChinese tourists will come back soon to Europe. How do merchants in Europe prepare to attract more Chinese tourists to increase sales? What are new trends among the awaited Chinese tourists? Which payment methods do Chinese tourists use abroad? How to integrate them? And how can merchants benefit more from Alipay?
The Chinese millennials are the ones that travel the most. These young people have a preference for unique and personalised experiences. As the last group of the one-child policy generation, they are the sole heirs of their parents and care much less about their spendings, which is an unprecedented opportunity for all businesses related to the tourism industry .
Read MorePresident Jinping XI said last year that Chinese tourists will make 700 million trips by 2020, compared to only 10 million in 2001. Good news for a multitude of brands and tourist destinations that want to capture the Chinese clientele.
Read MoreMore than 2 million Chinese tourists visit France every year and this number is increasing. With an average basket that exceeds € 1,600 per person, Chinese tourists have the largest travel in the world.
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