A number of clients struggle with this, particularly those tourism experiences without a physical shop front. <\/p>\n\n\n\n
Research from Tourism Research Australia<\/a> shows that in 2018, 1.4m Tourists from China injected AUD$11.7Bn spend into the Australian economy, and this is forecast to triple to $34Bn by 2026. These investment figures could be significantly higher if we made it easier for tourists to make payments using their preferred platforms. <\/p>\n\n\n\n According to a paper released by Trade and Investment Queensland<\/a> and prepared by Andy Jiang<\/a> 54% of daily transactions in China are conducted by mobile payments Alipay<\/a> and WeChat Pay<\/a>, and 27% of transactions by UnionPay International<\/a>. <\/p>\n\n\n\n Most incredibly, there are not any Financial Institutions in Australia who have exclusive payment agreements with Alipay or WeChat Pay and there are a number of ongoing discussions. <\/p>\n\n\n\n This paper offers some simple processes to get your Tourism Business ready for accepting payments from Chinese Tourists using UnionPay International<\/a>Alipay<\/a> and WeChat Pay<\/a>. <\/p>\n\n\n\n Australian Tourism Export Council<\/a><\/p>\n\n\n\n Tourism Australia<\/a><\/p>\n\n\n\n Destination NSW<\/a><\/p>\n\n\n\n Visit Victoria<\/a><\/p>\n\n\n\n Tourism and Events Queensland<\/a><\/p>\n\n\n\n Tourism Tasmania<\/a><\/p>\n\n\n\n South Australian Tourism Commission<\/a><\/p>\n\n\n\n Tourism Western Australia<\/a><\/p>\n\n\n\n