China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, the group said. 02:40 How mobile payments impact people’s lives in China How mobile payments impact people’s lives in China Tencent on Thursday said foreign …

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‘Hard to believe’: Hong Kong ‘lagging behind’ in e-payments as Octopus card and cash keep grip on shoppers, merchants

‘Hard to believe’: Hong Kong ‘lagging behind’ in e-payments as Octopus card and cash keep grip on shoppers, merchants

She spent HK$7,000 (US$895) over five days on meals, clothes and cosmetics. Although she had no difficulty with e-payments at most shopping centres and big restaurant chains, she could not shake off the anxiety that she did not carry enough cash with her. Hong Kong taxis with Octopus readers to accept payment through 2 QR …

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