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China Facts: WeChat Pay and Alipay going abroad

 

One of the relatively new frontiers for China's mobile payment platforms is overseas. It is expanding by targeting emerging markets through investments and using the all-important 135 million Chinese outbound tourists as a Trojan Horse to penetrate mature markets. Dutch airline KLM has begun allowing Chinese passengers to use WeChat Pay to buy airfares. Within a few days, the airline estimated 20-30% of it Chinese customers used WeChat Pay for their airfare. Since Finnair started accepting Alipay for onboard sales on China flights, including duty free, sales had increased 200%*) 

 

     

 

*) SupChina 6th September 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

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Hans Henrik Pontoppidan
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