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China’s Mobile Payment affects USA, Japan, Europe, and is Changing the World

1.Pay CNY in USA is available now

 

On May 4th this year, WeChat Payment announced that it had joined the CITCON formally to enter the United States. Through WeChat payment, all consumptions of food, clothing, housing, and transportation in the United States can be paid directly by CNY. Whether it is hotels, amusement parks, marinas, restaurants, snack bars, entertainment venues, etc., we can use WeChat to pay for our orders. This means that today it is not a dream for Chinese people do not bring their wallets to the United States.




 


2.Wechat payment launched in whole Japan

 

On July 3rd, Don Quixote, one of Japan's most popular drugstores, officially launched a full access to the WeChat payment systemas the world’s 100th WeChat payment flagship store. All visitors to the store can have quick and safe payment experience without cash and waiting, shopping without wallet will be a new trend in Japan.

 

Till now, WeChat Payment has covered multiple payment scenarios such as drugstores, ramen restaurants, souvenir shops, capsule hotels, kimono experience shops, taxis, and cruise ships.



 



3.Shopping in European malls with mobile only

 

On July 10, Tencentcooperated with the German payment company Wirecard to launch WeChat payment in Europe. WeChat payment will be an important payment option for European retailers. Chinese tourists can open the WeChat Wallet function, show barcodes to merchants, shop assistants scan the codes, and activate the payment process.

 

In the future, Chinese people will not need to bring their wallets to Europe. A mobile phone and a WeChatapp will be enough to go all shops in Europe.

 

From the whole aspects of mobile payments abroad, mobile payments in developing countries are developing rapidly, while mobile payments in developed countries such as Europe and the United States are relatively backward.” This is mainly because credit card payments have become a habit in some developed countries. The transfer process from traditional way tomobile payment has not been completed, and the activeness of merchants for using mobile payment has not been fully mobilized.




 


In the field of mobile payments, China has become a recognized leader in the world and has pioneered a cashless society. China's mobile payment methods are affecting the whole world! 

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