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Upgraded payment connectivity delivers China"s tourism dividends faster, wider

2026-05-06 09:33   环球时报网英文版

  A customer makes a payment by scanning a local QR payment code with WeChat Pay at a shop in Colombo, Sri Lanka, April 23, 2026. (Photo by Thilina Kaluthotage/Xinhua)

  Lin Qian, a tourist from southwest China"s Chengdu, found her latest Labor Day holiday trip to Kuala Lumpur quite tourist-friendly, as "even at pop-up stalls and temporary festival booths, digital payments are widely accepted."

  No currency exchange, no credit-card hassle, no fumbling with cash. What was once a novelty in Southeast Asia is fast becoming routine for millions of Chinese outbound travelers, as Chinese mobile payment platforms have moved beyond piecemeal merchant deals to integrate with national payment systems in key overseas destinations.

  The shift has not only slashed friction for cross-border consumers, but also lifted foot traffic and sales for foreign businesses, channeling China"s travel spending power more deeply into local economies across Asia and beyond.

  FROM CASH TO CASHLESS CONVENIENCE

  Cross-border mobile payment connectivity gained momentum ahead of the Labor Day holiday -- a traditional peak period for outbound travel -- sparing Chinese travelers from pre-planned daily cash allowances, juggling multiple payment apps, or worrying about unfavorable exchange rates in a growing number of countries.

  Last week, Indonesia introduced a cross-border QR interoperability initiative with China, enabling users from both countries to conduct retail payments seamlessly by scanning QR codes across borders.

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