2019
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Thailand5
|
|
|
Bhutan
|
|
|
Nepal
|
|
|
India
|
Detailed explanation-1: -NRB has banned the use of Chinese digital wallets WeChat Pay & Alipay in Nepal. The central bank stated that the country was losing foreign income due to illegal use of those payment applications by Chinese tourists. Most Chinese tourists who visit Nepal carry these digital wallets.
Detailed explanation-2: -Of all the payment methods in China, Alipay is one of the easiest to use. Once you sign up to receive payments via AliPay, your customers can select this as a payment method.
Detailed explanation-3: -AntGroup’s Alipay recently added a feature that permits its users to transfer sums to WeChat users, bridging the two Chinese digital payments providers.
Detailed explanation-4: -Absolutely. In fact, if you are a UK retailer in a tourist area you may be missing out on sales if you just accept just bank cards, credit cards and debit cards. Research by JGOO found that over 90% of Hong Kong and Chinese tourists use WeChat Pay or Alipay as their main online payment and point of sale (POS) payment.