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Chinese tourists' enthusiasm for outbound tourism has led to UnionPay International, WeChat,Alipay, Baidu Wallet, JD Finance and other overseas payment institutions continue to explore.
According to the Russian "News" report, China's payment servicesWeChat paymentHas entered the Russian market.This service is available via mobilesoftwarePaid.
Russia is the 17th country in the world that can use WeChat Pay.
The World Without Borders travel association told Satellite News that participants in Russia's "Friendly China" program and hotel rooms may use China's non-cash payment service, WeChat Pay, in their business.
The total amount available for WeChat payment in Russia is 200 RMB
As WeChat Pay enters the Russian market, Russian merchants can open theirWechat marketingOn the way, Chinese tourists can use a total amount of about 200 yuan in Russia to pay for shipping, order meals and other services.
The World Without Borders association stressed that WeChat Pay will recently be used in the facilities of Russian hotels and other "Friendly China" systems to provide merchandise sales and services to Chinese tourists.
On June 2018, 6, a spokesperson for the Azbuka Vkusa food store network news agency told Sputnik that the company plans to conduct a pilot payment project through the WeChat Pay electronic payment system in several stores by the end of June.
The Moscow Central Department Store also plans to accept this payment system.VTB and Standard Bank of Russia are also looking into the possibility of partnering with WeChat.
WeChat Pay helps Chinese travel industry be financially transparent
Alexander Ayamov, manager of the World Without Borders Travel Association, said: "Payment system businesses such as UnionPay and WeChat can help ensure that the thorny issues related to financial opacity in China's tourism industry are not on the agenda.
Russian company Sendy has reportedly become a partner in the Russian payment system.
This service is for Chinese people traveling to Russia.With WeChat Pay entering Russia, Chinese tourists can buy goods in Russia, as well as pay for shipping, ordering and other services.
The analysis pointed out that since ChinaE-commerceAnd mobile payment business is developing rapidly, China WeChat Pay can enter Russia and other countries, and is in a leading position in the world.
China drives global mobile payment development
Mary Meeker, a partner at Kleiner Perkins Ventures (KPCB), known as the "Queen of the Internet," recently released the annual Internet Trends report, the technology equivalent of Industry State of the Union.
The report pointed out that the overall macroeconomic situation of China's mobile Internet industry has ushered in new growth.
- China's Internet users have exceeded 7.53 million, accounting for more than half of the total population, an increase of 8% year-on-year.
- The consumption of mobile data traffic increased by 162% year-on-year, and the growth rate accelerated year by year.
According to the latest data released by the People's Bank of China on May 2018, 5:
- Chinese banking financial institutions processed $2018 billion in mobile payment transactions in the first quarter of 109,
- 相当于70万亿元人民币（1美元或0.158美元），同比增幅超过17％和16％。
- In online payment, mobile payment and telephone payment, the growth rate of mobile payment is the most obvious.
China is rapidly entering a "cashless society" and has driven the development of mobile payment services around the world.
China's mobile payment scale exceeds that of the United States by 90 times
The US "Business Insider" website issued an article on May 201, 5, affirming the prospect of China's mobile payment development.The article pointed out that the size of China's mobile payment market far exceeds that of the United States and European countries.
According to iResearch, the mobile payment market in China reached US$2016 trillion in 9.
According to market research firm Forrester, the U.S. mobile payments market was valued at $2016 billion in 1120.
In contrast, China's mobile payment scale is almost 90 times that of the United States.
Moreover, Tencent has been continuously promoting the development of WeChat Pay overseas:
WeChat Pay WeChat Pay has opened Malaysian Ringgit wallet in June 2018 ▼
The following isChen WeiliangShared tutorial on WeChat payment in Malaysia ▼
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