Nation improves payment options for international travelers| June 12, 2024

Since the beginning of this year, China has introduced a series of measures to further diversify payment services for international travelers.

During the Dragon Boat Festival period, foreigners throughout the country were offered an array of new payment options in subway stations, museums, large shopping malls, and specialty stores, among other prominent consumer establishments. 

In the tropical province of Hainan, a popular destination for tourists, the coverage rate of ATMs of national banks supporting cash withdrawals using foreign bank cards has reached 100 percent. In Shanghai, over 60,000 POS machines now accept foreign cards, achieving full coverage in core commercial areas, airports, and 3A-level scenic spots.

Cross-border digital payment options have also been enhanced. Currently, major e-wallets from nine countries and regions, including South Korea, Singapore, and Kazakhstan, can be used in China. The linking of foreign cards to domestic e-wallets has also improved, with payment limits raised to meet the needs of foreigners traveling or living in the country.

As a result of these improved payment services, the number and amount of foreign card transactions on POS machines doubled in April compared to February figures. In that month alone, over 2 million inbound travelers used mobile payment options.


Source: China Central Television


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