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Comment on Briefing: WeChat Pay cross-border payments skyrocket in Hong Kong and Macau by Jenni
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Comments for TechNode
刚刚,微信大数据发现了这个影响7000万人的「圈」– 微信公开课What happened: According to new data released by Tencent, tourists are increasingly taking their WeChat Pay habits with them to Hong Kong and Macau.
Mainland users’ daily average number of transactions in each territory this past January grew 200% and 900%, respectively, compared to the same period last year.
Payment hotspots for mainland tourists included attractions like Hong Kong’s Victoria Harbour and Disneyland, as well as Macau’s airport.
In addition, WeChat Pay’s mobile payment services for Hong Kong users, which launched last October, are now supported by 1 million mainland vendors.
While the area is divided by different currencies, regulations, and borders, WeChat Pay may be helping to bridge some gaps—especially for mainland tourists.
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