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Alipay sees 40% surge in foreign tourist spend

Alipay released payment data showing international visitor spending increased significantly during China’s National Day holiday. From October 1 to 5, transaction volume from foreign tourists using Alipay rose nearly 40% YoY. Spending concentrated in dining, tourism, offline retail, and transportation. Alipay’s “Touch & Pay” feature saw spending surge 500% YoY. Retail spending by international visitors jumped over 200%. Top “Touch & Pay” locations included Shanghai Pudong Airport, Shanghai Bailian Outlets, Shanghai Nanjing Road, Shanghai No.1 Yaohan Mall, and CDF Sanya International Duty Free Shopping Complex. Alipay launched instant tax refund services in Beijing, Shanghai, Shenzhen, and Chengdu.

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