The gospel of foreigners, wechat payment can be bound with five international credit cards

Recently, under the guidance of the people’s Bank of China, Tencent has reached a series of cooperation with visa, MasterCard, americanexpress, discover global network (including Diners Club) and JCB international card organizations to support international credit card issued overseas to bind wechat payment, and has supported dozens of businesses covering the clothing, food and residential bank, such as 12306, Didi travel, Jingdong, Ctrip, etc Household consumption. Subsequently, under the guidance of supervision and on the basis of strict implementation of relevant anti money laundering policies, more use scenarios will be further opened in an orderly manner.
The cooperation with the five international card organizations is Tencent’s further exploration of providing convenient mobile payment experience for overseas users in the context of relevant policies.
On August 23, 2019, the general office of the State Council issued the opinions on further stimulating the potential of cultural and tourism consumption, which mentioned to improve the inbound tourism environment, improve the mobile payment solutions for inbound tourists, improve the multilingual service level of consumption places, and improve the convenience of tourists’ consumption.
On October 30, 2019, the guiding opinions on promoting the development of financial science and technology and supporting the construction of financial science and technology center in Shanghai issued by the Shanghai headquarters of the people’s Bank of China pointed out that optimizing the application scenarios of payment and clearing services, using financial science and technology to optimize the international financial infrastructure of RMB, and exploring to break through the barriers for compatriots in Hong Kong, Macao and Taiwan and foreign users to apply third-party payment tools.
Previously, Tencent has launched a number of services to facilitate the travel or life of compatriots from Hong Kong, Macao and Taiwan and foreigners in mainland China.
Wechat payment supports overseas users to bind mainland bank cards, covering up to 128 banks. Overseas users use passport, Hong Kong and Macao return home certificate, Taiwan cell card, Hong Kong and Macao resident certificate and any certificate in Taiwan resident certificate to open savings card and credit card. After binding, they can use wechat payment for online and offline multi scenario consumption.
In September 2018, with the support of the people’s Bank of China and the Hong Kong Monetary Authority, wechat Hong Kong wallet took the lead in providing mobile payment services for Hong Kong users in the mainland, and has now supported nearly one million merchants in the mainland.
In October 2019, foreigners and compatriots from Hong Kong, Macao and Taiwan who enter the country can use wechat to scan the code for real-time tax refund.
Considering that overseas users use more international credit cards issued overseas, Tencent cooperated with five international card organizations to provide more convenient mobile payment experience for overseas users.
In the future, Tencent will continue to actively explore under the guidance of supervision, and work with all parties in the industry to continuously innovate and practice, so as to jointly provide more convenience for the consumption and life of Hong Kong, Macao and Taiwan compatriots and foreigners in the mainland of China.

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