Upgraded payment connectivity delivers China"s tourism dividends faster, wider
2026-05-06 09:33 环球时报网英文版
Chinese mobile payment giant WeChat Pay announced in late April that it had enabled direct compatibility with national QR-code systems in five key markets: South Korea, Sri Lanka, Thailand, Malaysia and Singapore. Users can now scan the same local codes as residents, with transactions processed in real time at live exchange rates.
Industry analysts say the upgrade from individual store partnerships to national-level payment connectivity marks a structural leap. Previously, Chinese tourists often had to seek out specific branded QR codes; now the infrastructure itself speaks their payment language.
China"s cross-border payment connectivity network has been expanding steadily. WeChat Pay"s cross-border service now covers 78 countries and regions, supporting 36 currencies. Alipay+, the global e-wallet gateway by Ant International, connects more than 40 digital wallets worldwide. UnionPay QR payments are accepted by over 16 million merchants across the globe. Users can also make tap-and-go payments at more than 2.8 million terminals across 37 countries and regions.
HIGHER TURNOVER EXPECTED
For overseas retailers, restaurants and service providers, the integration means not only improved tourist experience, but also higher transaction volumes, shorter lines, lower cash-handling costs and simpler daily operations.
China"s state immigration authorities forecast about 2.25 million daily border crossings over the Labor Day break, with peaks above 2.4 million. Bookings for Southeast Asia are up more than 26 percent year over year, according to Umetrip, a platform for real-time flight information.
Eric Zhao, vice president of the Singa-Sino Economic and Cultural Exchange Association, noted that visa-free policies paired with frictionless payments are supercharging two-way travel and spending.




