Chinese social media platform WeChat reaches a billion user accounts worldwide

Chinese social media platform WeChat reaches a billion user accounts worldwide

Chinese social media network WeChat, which is used for everything from chatting with friends to booking travel and making payments, has reached a billion user accounts globally, reports the Financial Times. The sheer number of accounts demonstrates the app’s dominance, though it’s important to note that user accounts means the number of accounts, not individual […]

90% of Chinese tourists would use mobile payment overseas if given the option, according to Nielsen

90% of Chinese tourists would use mobile payment overseas if given the option, according to Nielsen

Over 90% of Chinese tourists would use mobile payment overseas if given the option according to Nielsen and Alipay‘s Outbound Chinese Tourism and Consumption Trends: 2017 survey. Meanwhile, 65% of Chinese tourists already use mobile payment platforms while abroad, which is more than six times that of non-Chinese tourists (11%). According to the report, Chinese […]

Alipay sends eight Chinese tourists on a cashless experiment in Finland

Alipay sends eight Chinese tourists on a cashless experiment in Finland

A group of eight Chinese travellers have concluded a cashless journey to Finland, with all transactions, from booking flights, making local retail purchases in Helsinki and dining out throughout their trip, made with their Alipay accounts. This has made Finland the first country outside China where Alipay users can make all payments with their smartphones […]