MasterCard can be connected to Alipay for cashless payment in the Mainland (14:21) – 20230621 – Instant Financial News

2023-06-21 06:33:56

Mastercard cardholders around the world can now choose to pay cashless in Mainland China with their mobile devices at tens of millions of Alipay-accepting locations. At the same time, if a tourist holds a Mastercard issued in Hong Kong, Macau, Taiwan, or South Korea, he or she can register with Mastercard Travel Rewards, and immediately enjoy extra benefits such as cash rebates in popular travel activities such as shopping, dining, sightseeing, and transportation.

Li Yongshi, General Manager of International Business in Greater China, Ant Group, said that the expanded cooperation between Alipay and MasterCard will not only improve the travel experience of inbound international tourists, but also open up the merchants on the Alipay platform once morest the backdrop of the continued recovery of global tourism. Bring more overseas business opportunities.

According to the fourth annual travel report of the MasterCard Economic Research Institute, the global tourism industry is continuing to recover. Driven by high-income consumers, leisure travel bookings in March this year increased by regarding 31% compared with the same period in 2019.

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