Meanwhile, mobile payment is no longer confined to res

 of major Chinese cities such as Beijing and Shanghai. Smaller cities and even townships are capturing the fastest growth, findings from both payment providers showed.

According to Alipay, the quickest expansion rate in per capita overseas spending was logged in

Zhoushan, a port city in East China’s Zhejiang province, which surged 55 percent year-on-year. It wa

s followed by 50 percent in Weifang, Shandong province, and 44 percent in Lianyungang, Jiangsu province.

In contrast, the growth rate in relatively affluent Beijing, Shanghai and Guangzhou r

eached 27 percent, 30 percent and 24 percent respectively, although they accounted for the greatest outbound spending by volume.

These trends “really highlight how mobile payment is taking root in China’s outbound t

ourism market”, said Chen Jiayi, Alipay’s head of business operation on cross-border business.

WeChat also saw a notable surge in the use of mobile payment in lower-tier cities, with over 40 percent transactions ma

de by residents who work in bigger cities but returned to hometowns for the weeklong annual gathering.

qianhuacz.com

Tags: , , , , , , , , , , , , , , , , , , , , , ,