Rapid Growth in Foreigners' Usage of Overseas Wallets for Payments in China
Thursday, 4 July 2024, 15:25
Rapid Growth in Foreigners' Usage of Overseas Wallets
The transaction volumes of foreigners using overseas wallet apps to make payments in China have skyrocketed.
Significant Shift Towards Convenient Payment Methods
The data from NetsUnion Clearing Corporation highlights a more than sevenfold increase in the adoption of optimized payment services by international consumers.
Increasing Globalization of Payment Solutions
This trend reflects the increasing globalization of payment solutions, showcasing the changing landscape of cross-border transactions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.