Clear Answers About Payments in China
Travellers & Buyers
Alipay & WeChat
Chinese Banks
Merchants
Payment Network
International User
Alipay
UnionPay
Banks
Merchants
Sourcing
Business
Transfers
Independent Information
Not affiliated with Alipay, Tencent, UnionPay or any bank.
Sources You Can Trust
Official docs, policy updates and credible sources.
Regularly Reviewed
Important guides are reviewed regularly.
Written for Global Users
How China payment systems affect international users.
What Do You Need Help With?
Using Alipay
Account setup, verification, cards, limits and solving common problems.
Using WeChat Pay
Wallet setup, card linking, QR payments, transfers and troubleshooting.
Travelling to China
Payment preparation, mobile wallets, cards, security and payment tips.
Solve a Payment Problem
Account restrictions, failed payments, rejected cards and more.
Explore China’s Payment Ecosystem
Understand how payments move from international users to merchants and suppliers in China.
International
User
Payment
Options
Financial
Infrastructure
CN Bank Accts
RMB Settle
Digital Yuan
Used For
1688 Buy
Invoices
Transfers
Click any item above to learn more in detail.
Essential Guides to Get You Started
In-depth, practical guides written by our research team.
RMB Reference (Information Only)
Reference rate for information purposes. Not for trading or transactional use.
7.1984
+0.0063 (+0.09%)
09:50 UTC
Source: XE.com
RMB Explained in Detail
Solve Common Payment Problems
Find solutions to the most common issues.
Compare Before You Choose
vs
Alipay vs WeChat Pay
Features, availability, limits and best use cases for each platform.
vs
UnionPay vs Alipay
Card network vs wallet — which to use for international payments in China.
vs
Alipay vs Intl. Credit Cards
Acceptance, fees and convenience comparing wallets to foreign cards.
China Payments Update Desk
Important changes, policy updates and industry developments.
May 25, 2024
People’s Bank of China Issues New Guidelines on Cross-Border Payments
Key points that affect international users and businesses.
May 24, 2024
Alipay Updates Identity Verification Requirements for New Users
What changed and how to complete verification successfully.
May 22, 2024
WeChat Pay Expands International Card Acceptance
More banks and card networks now supported.
May 20, 2024
Digital Yuan Pilot Programs Expand to More Chinese Cities
Latest developments in e-CNY adoption and use cases.
Why You Can Trust Extentage
Research First
We research official docs, policy guidelines and expert reports before publishing.
Clear Attribution
Important facts link to original sources and official information.
Fact-Checked
Key guides are fact-checked and reviewed by subject matter experts.
Corrections Welcome
Found an error? Help us improve by submitting a correction.
Independence
We do not accept payment to influence our content or recommendations.
About the Publisher
Extentage is published by Mayan, an independent researcher focused on China’s payment systems, currency and cross-border transactions.
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