You can enjoy convenient payment services with just a mobile phone. Mobile payment services such as Weixin Pay, Alipay and UnionPay are available. For better payment experiences, no lD information is required for transactions under a certain amount.
In China, cash is rarely used, so there is no need to worry about losing it or receiving counterfeit money. If you have WeChat Pay or Alipay, you can travel all over China. However, there is an important issue. Many people come here only to find that their credit cards have been bound and they cannot make successful payments. The reason is that there are two types of payees: one is enterprises or merchants who have business licenses and can use the bound credit cards for payment; the other is individuals who receive payments and do not support credit card payments. Therefore, you must bind a credit card and a savings card.
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Weixin（WeChat） Pay
(1) Download the WeChat app in the app store.
(2) Open the WeChat app, and register with your phone number or just sign in if you have already registered.
(3) Add bank cards as shown below.
Method 1.
Method 2.
Note
Visa, Mastercard, American Express, JCB, DinersClub, and Discover cards can all be added to Weixin Pay.
(4) Pay by scanning QR code. You can pay by scanning a merchant’s QR code (method 1) or by having a merchant scan yours (method 2).
Method 1: Tap the “+” sign at the upper right corner and then the “Scan” icon, and scan the merchant’s QR code.
Method 2: Tap the “+” sign at the upper right comer and then the “Money” icon, and present your QR code to the merchant.
Alipay Pay
(1)Download the Alipay app in the app store or from its official website.
(2) Open the app, and register with your phone number or just sign in if you have already registered.
(3) Add bank cards as shown below.
Pay by scanning QR code. You can pay by scanning a merchant’s QR code (method 1)or by having a merchant scan yours (method 2)
Method 1: Tap “Scan”, and scan the merchant’s QR code.
Method 2: Tap “Pay/Receive”, and present your QR code to the merchant.
How to exchange currency in China
(1) Overseas visitors to China can exchange foreign currencies for RMB cash in advance in relevant countries or regions before bringing it into China (each visitor is allowed to take up to RMB20,000 in cash in or out of the country).
(2) Overseas visitors to China can exchange foreign currencies for RMB cash at commercial bank branches, money changers, and self-service currency exchange machines at international airports, land ports, ports, and other entry ports, or withdraw RMB cash using international bank cards at ATMs.
Cash
You can withdraw RMB cash from ATMs that accept international bank cards at the port of entry, where you can also exchange other currencies for RMB through exchange service providers or self-service exchange machines. In downtown areas, you can still get RMB cash via these methods.
Authorized currency exchanges, some hotels, bank branches and currency exchange kiosks also provide currency exchange services. Usually, there is an eye-catching “exchange” sign on display so you may find them easily.
Kindly note that you can convert your remaining RMB cash back to your own currency or other major currencies in downtown areas or at the port of exit with the help of currency exchange service providers.
Bank Account
You can open a bank account with your passport or other valid IDs at any nearby bank outlet, such as the Industrial and Commercial Bank of China(ICBC), the Agricultural Bank of China (ABC), the Bank of China (BOC), the China Construction Bank(CCB), and the Bank of Communications (BOCOM). Please consult the staff at the bank outlet or visit their official websites for more information.
With the account, you can enjoy a variety of financial services (such as deposit and withdrawal of both RMB and foreign currencies, foreign currency purchase and sale, domestic transfer and crossborder remittance, foreign currency exchange, and making payment).