China is making it much easier for foreigners to use mobile pay
Publishing timestamp: 2024-03-08 05:25:13
Summary
Foreign visitors to China can now spend up to $2000 a year using the mobile app Alipay without registering their ID, with an option to increase the limit to $5000 if they do register. This change aims to make it easier for international travelers to make daily purchases in China, where mobile payments are common.
Sentiment: NEUTRAL
Keywords: markets, alibaba group holding ltd, business news, breaking news: technology, stock markets, tencent holdings ltd, technology, market insider,
Source: https://www.cnbc.com/2024/03/08/china-is-making-it-much-easier-for-foreigners-to-use-mobile-pay.html