Alipay’s official WeChat account reported a significant surge in overseas guests’ transactions using Alipay in China last month, with transaction amounts increasing nearly tenfold year on year, while transaction volume and active user numbers rose nearly eightfold and sixfold respectively compared to March last year. Since March 2019, Ant Group’s initiative has introduced 10 overseas wallets from seven countries and regions, with over 175 million users in Southeast Asia and East Asia able to scan QR codes to make purchases at domestic merchants. As of March 2024, foreign tourists from nearly 200 countries and regions have bound international bank cards to Alipay after entering China, with South Korea, Malaysia, Singapore, the US, Japan, Thailand, Germany, Australia, the UK, and Indonesia as the top 10 source countries.