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March 2, 2018

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Overseas tourists favor mobile payment

CHINESE tourists are using mobile payment overseas far more frequently than foreign counterparts, according to a survey, which added that more than 90 percent of Chinese tourists would use mobile payment overseas given the option.

The joint survey, conducted by Nielsen and Alibaba's payment affiliate Alipay, showed that about 65 percent of Chinese respondents have used mobile payment while traveling overseas, compared with only 11 percent of non-Chinese tourists.

As many as 93 percent of the Chinese tourists said they will consider using mobile payment more frequently if more overseas merchants support the use of Chinese mobile payment brand in future, with 91 percent suggesting that if indeed overseas merchants support the use of Chinese mobile payment brands, it will only increase their desire to shop.

The survey spoke to 2,009 Chinese respondents aged between 20 to 50 who have traveled overseas in the past year and 613 foreigners traveling to overseas destinations.

According to the survey, the average spending of Chinese tourists during one overseas trip was US$5,565, and the figure is expected to increase by 3 percent to US$5,715 this year.



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