Alipay: The transaction limit for foreigners has been increased and optimized, and multi-language translation and other services will be launched soon

Today the State Council issued the "Opinions on Further Optimizing Payment Services and Improving Payment Convenience" to guide payment service entities to continuously improve the convenience and satisfaction of payment services for the elderly, foreigners in China and other groups.

Picture source: Alipay official account

Regarding this, this site learned from the Alipay official account that Alipay stated that it is working with the People's Bank of China, With the support and guidance of the State Administration of Foreign Exchange, we will solidly advance the implementation of various measures and continue to optimize payment services for the elderly and foreigners in China. Among them, the transaction limit for foreigners has been increased and optimized. The single transaction limit has been raised from US$1,000 to a maximum of US$5,000, and the annual transaction limit has been increased from US$10,000 to a maximum of US$50,000; multi-language translation, overseas wallet ride code" New services such as "One Code Pass" will be launched one after another.

Alipay is a mobile phone application with complete functions, suitable for aging applications and auxiliary functions. It provides convenient services for the "silver-haired people" in aspects such as life security, medical care and elderly care, transportation, and prevention of telecommunications fraud. Serve. As the "elder model", "artificial direct connection", "nuanyangyang customer service hotline", "medical insurance family account" and other blue vest elderly assistance services jointly launched with local government departments and volunteers, it serves the elderly group face-to-face.

In terms of service environment for foreigners coming to China, Alipay has cooperated with Bank of China, ICBC, Netlink, Overseas Wallet, etc. to launch two sets of mobile payment solutions to serve immigrants: "foreign card binding" and "outsourcing internal use" . Through Ant Group’s Alipay cross-border digital payment and marketing solution, 10 overseas wallet users can directly scan the QR code to pay after entering the country.

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