Traveling to China? Here’s What You Should Know About Using Alipay
Digital payments are a must when traveling in China, and Alipay recently announced support for foreign cards. Sounds great, right? Well, don’t get too excited—there are quite a few catches.
Here’s the deal:
1. Extra Fees: Every transaction over 200 RMB comes with a 3+% service charge.
2. Annoying Setup: The account verification process can be a real hassle. Verification takes days to approve. Account can be blocked or ban any time due to large amount transfer.
3. Spending Limits: You can’t spend more than 5,000 RMB per transaction, and there’s an annual limit of 50,000 RMB.
4. Limited Use: It doesn’t work in small stores or for personal transfers.
5. Privacy Concerns: All your transactions are tracked and recorded.
To save you the trouble, Team Philips has got your back! We handle all your transaction needs through secure international banking systems and cash, making sure everything is smooth and reliable. No hidden fees, no headaches—just stress-free travel.
Let us know how we can help!