Solution Portfolio - Page 156



Part 1
Part 2
Part 3
From China, to the world: How Chinese payment
habits are changing global payment models
Part 4
Within the rst quarter of 2018 , Alipay had added the following places and companies to its repertoire: Italy,
Israel, Canada, Davos in Switzerland; 16,000 Comfort Taxis in Singapore; 22,000 CabCharge Taxis in Australia;
Centara Hotels in Thailand; Schiphol Airport in Amsterdam, and Apple Stores in China. Finland was also
declared the rst ‘All-Alipay’ foreign country in February 2018, after eight Chinese tourists completed a
challenge of using only Alipay for a week there. In the US, over 170,000 businesses have started accepting
Alipay in the last two years, including retailers, restaurants, hotels and taxis.
Since 2015 WeChat Pay has been available in Italy
we have millions of users, so we can make WeChat
giving Chinese customers the possibility to pay with
Pay into a successful payments tool. WeChat Pay’s
their WeChat Pay account in the same way as in
functionality stems from its popularity in China,” said
China. That was just the rst step for the Chinese
Grace Yin, director of WeChat Pay’s international
giant, who is aiming to extend its services to more
operations, in a group media interview at the RISE
and more countries. Anyhow, the idea is to prioritise
last technology conference in Hong Kong. “We don’t
outbound Chinese tourists rather than overseas
have many WeChat users in overseas countries so
residents in foreign markets due to the huge
we should accept that it will be hard to develop
popularity of the service at home. “In mainland China
payment tools for them”.
Andrea Ghizzoni, the European director of Tencent, said:
In overseas markets, like Europe, we will keep focusing on the
development of services to best serve EU companies interested
in leveraging digital channels to foster business opportunities with
Chinese customers.”
Preparing your business to welcome Chinese shoppers.
A guide to understand and get started with Chinese payment methods.
35

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