The Chinese government realized that the inconvenience of not being able to use the widely adopted local mobile payments is becoming a major pain point for overseas people living or visiting mainland China - which is why they introduced new policies recently - which WeChat has embraced. Overall, there are more than 950,000 foreigners working in China, and the country has cumulatively issued 336,000 overseas talent work permits in 2018. WeChat Pay for Foreigners Isn’t Quite That Simple. For unsupported currencies, transactions can be made in US dollar. Media Doing Business WeChat Pay will now enable foreign users to link international cards, enhancing mobile payments and boosting the country's opening up. Theres currently a 3k rmb monthly limit, and each person can only add a small number of family members. Major currencies are included HKD, USD, GBP, JPY, CAD, AUD, EUR, NZD, KRW, THB, SGD, RUB, DKK, SEK, CHF and NOK.WeChat Pay settles each transaction with foreign vendors based on the price in local currency. T encent group is competing with Alibaba, so Tencent group works with JD.COM to compete with Taobao. WeChat pay is the main payment for JD.COM. Step 3: Fill in your identity info and add your card. WeChat was launched later than Alipay, but due to the Tencent group is the owner of the only two instant message social media QQ and WeChat. Further, the Minister of Science and Technology believes that China is also attracting foreign talent looking to start innovative businesses in the country. If you have a family member or friend in China, they can give a Relative Card to you, which allows you to pay using WeChat pay and the money will be deducted from your friend account. How to Set up Wechat Pay for Foreigners Step 1: Download and register WeChat. However, the number of foreigners - professionals and tourists - coming into China is also growing year-on-year and hence, WeChat decided to look for a solution.Īccording to the Ministry of Culture and Tourism, the number of inbound tourists reached 141.2 million in 2018, an increase of 1.2 percent over the same period of the previous year. Over the past year or two, WeChat and its biggest competitor Alipay have worked hard to forge partnerships that assist Chinese tourists traveling overseas. As a result of the collaboration, overseas users will now be able to use WeChat Pay across multiple payment scenarios spanning shopping, restaurants, transportation, and accommodation.įor instance, overseas users can use WeChat Pay to purchase railway tickets on China Railway (hail a ride on the Didi (China’s Uber/Grab), make online purchases via JD.com and Ctrip, and more. There’s a new payment juggernaut in town, and it’s already taken China by storm WeChat Pay.
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