THE People’s Bank of China (PBOC), China’s central bank, is reducing barriers that face foreign visitors using the country’s mobile payment services, reports Caixin, The central bank, to revive the tourism, has guided major payment platforms including Ant Group’s Alipay and Tencent Holdings’ Tenpay – the operator of WeChat Pay – to increase the single transaction limit for foreign users to US$5,000 from $1,000, said PBOC deputy governor Zhang Qingsong. The maximum annual mobile payment limit...
https://www.seanews.com.tr/china-increases-transaction-limits-for-foreign-visitors/199885/