国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Digital wallet WeChat Pay launches in UK

By ANGUS McNEICE | China Daily UK | Updated: 2017-11-23 17:42

Digital wallet WeChat Pay launches in UK

Angel Chow, a tourist from Hong Kong, says Chinese tourists will find shopping more convenient in places like London's Camden Market if they can use payment apps. [Photo/China Daily]

In the middle of London's Camden Market, a trader from China hands red-bean cakes to a group of tourists from Sweden, as tattooed locals dressed in black leather weave their way between food stalls cooking up dishes including barbecued meat and fish and chips.

The market, which has been at the heart of London's punk scene since the 1970s, has evolved into one of the capital's busiest tourist attractions. It draws hundreds of thousands of people every week to its maze of clothing shops, tattoo and piercing parlors, and food stands.

And starting this month, Chinese visitors will be able to buy goods with the help of mobile payment platform WeChat Pay.

Camden Market is a sharp contrast to luxury shopping hotspots such as Bicester Village and Oxford Street where Chinese tourists spend millions of pounds each year and might not seem the obvious choice for the United Kingdom launch of WeChat's hugely popular digital wallet, which accounts for 40 percent of the Chinese mobile payment market.

However, the number of Chinese visitors to Camden is climbing. In September 2016, 5 percent of visitors were Chinese. The proportion doubled to 10 percent in March.

"In terms of demographics, the number of Chinese tourists in Camden is certainly growing, and in terms of a brand, Camden was an obvious choice. It's iconic in London," said Craig Jacoby, head of retail payments at SafeCharge.

WeChat has worked with SafeCharge, a British payment technology company, to make WeChat Pay available at point-of-sale locations in the UK for the first time.

During the next four months, SafeCharge will provide more than one thousand Camden Market vendors with a software update that enables in-store payment terminals to generate QR codes and perform transactions.

Chinese tourists spent 513 million pounds ($681 million) in the UK last year, according to tourism authority VisitBritain. Camden Market's management wants to better accommodate those bigspenders.

Jacoby said WeChat Pay will soon be available at other shopping destinations in London, and it is also launching at six large retailers in Paris as WeChat moves forward with its international expansion.

WeChat Pay rival Alipay has also made recent moves in Europe. In October, Alipay expanded its partnership with Dutch payment company Adyen to facilitate in-store mobile payments at retail partners in the UK.

In Camden, merchants and customers were upbeat about the development. Yi-yin Wei, a shopkeeper from Taiwan who sells red-bean cakes at Wheel Cake Island, thought the update will be useful.

"Chinese people are used to paying for things with their phones, so it will be like home for them," Wei said.

And Angel Chow, a tourist from Hong Kong, said Chinese shoppers will likely spend more now they have WeChat Pay as an option.

"They will find it convenient if they can use their phones and will buy more. I think they will be excited to be able to use it in England," Chow said.

Other Camden merchants were not sure there would be enough demand. Vari McGeachy, manager of Books Iconica, said fewer than 5 percent of her customers are from Asia.

"We don't have many Chinese people coming through the doors, and when they do they don't have a problem paying with cash or card," McGeachy said. "It wouldn't be worth having to train my staff about a new system."

SafeCharge Chief Executive David Avgi said in general there is great motivation to accommodate Chinese consumers in Europe, where 50 percent of luxury purchases are made by Asian tourists.

And he said it is a matter of time before the mobile payment systems that are ubiquitous in China catch on in the West.

"This innovative payment method is seen as the next big payment phenomenon in Europe," Avgi said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
分宜县| 长治市| 库伦旗| 台湾省| 长顺县| 内乡县| 云和县| 景宁| 惠来县| 绥芬河市| 台东县| 娄底市| 静海县| 隆回县| 丰台区| 湘潭市| 东乡族自治县| 黔西| 永康市| 白玉县| 娱乐| 顺昌县| 秦安县| 泰顺县| 武胜县| 务川| 洪泽县| 宜阳县| 三穗县| 搜索| 新沂市| 紫金县| 桑日县| 鸡泽县| 凤台县| 平舆县| 河池市| 岑巩县| 聂荣县| 碌曲县| 泽普县|