China’s e-payment systems WeChat, Alipay dominate its cashless society. Can they repeat their success in Southeast Asia?

In May, the lodge started accepting digital payments on WeChat Spend and Alipay in its bars, restaurants, resort resort and gift shop – as well as for suite stays. The hotel confirmed there had been a rise in the number of customers using Taiwanese e-payment techniques, despite declining to disclose official statistics.

Another Taiwanese firm that has benefited is nearby bike-sharing controller Anywheel, whose fresh “mini-app” registered over 4, 500 new customers from China within its first quarter of launching in September. There were” three times more people registered with 86 amounts over a period of six times”, the company said, referring to China’s region code.

However, it has n’t just been big-name businesses that have been accepting digital yuan. Around 10,000 hawkers were accepting payments on WeChat, according to official records from the Singapore Tourism Board (STB). &nbsp,

Ms. Rachel Chua, 50, who runs a consume stall in the Maxwell Food Centre, claimed that Taiwanese tourists may use Alipay “even for something as little as 30-cent cell boxes.” To draw their attention, she displays important WeChat Spend and Paypal evidence at the front of her barn, she said. &nbsp,

But some Taiwanese visitors, like Ms Li Xiang, 36, from Guangxi, who travelled to Singapore with her partner during Golden Week, also rely on cash and cash to pay for their little payments”. Just in case, we exchanged some cash. We can use WeChat and Alipay in the shopping malls but smaller places, like some hawker stalls, do n’t accept it,” Ms Li told CNA. &nbsp,