Visa joins Tencent and Alipay to bolster Cambodian travellers in China
By Gloria Mathias
Visa has announced that it supports Cambodian travellers visiting China to add their Visa cards to digital wallets, including Weixin Pay (also known as China’s local wallet of WeChat Pay) and Alipay, through partnerships with Tencent and Alipay.
International tourists can link their Visa cards to accounts in WeChat Pay and Alipay wallets to pay for purchases at millions of stores for dining, transportation, shopping, daily spending, and more in Mainland China.
Consumers can enjoy multiple payment methods, such as scanning QR codes, presenting payment codes, and in-app payments, enhancing the consumer payment experience of Cambodians in China both online and offline.
Furthermore, international Visa cards are now accepted at merchant locations in over 400 cities in Mainland China, at China’s online merchants and on mobile apps, including Taobao, Ctrip, Didi, China Railway, 12306, etc.
“Visa is glad to join hands with Tencent and Alipay to provide convenient payment experiences to Cambodians travelling to China. China is one of Cambodia’s key corridors for businesses and consumers, and as a global network, we want to bring the full value of Visa’s security, reliability, and convenience to Cambodian travellers. Visa has been in China for nearly 40 years and aims to provide cardholders with whatever payment method they like, wherever they are,” said Ivana Tranchini, Visa Country Manager for Cambodia.
Recently, Visa and Tencent Financial Technology, the FinTech division of Tencent, said they were partnering to enable Weixin users to receive inbound remittances in their digital wallets, a move that will extend the Visa Direct network to more than one billion Weixin users in Mainland China, which is one of the inbound remittance markets.
Visa Direct provides a single point of access to billions of endpoints, helping transform global money movement by facilitating the delivery of funds to eligible cards, bank accounts, and wallets around the world.
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February 26, 2024
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