Advertisement

Ronald Szie

06 Nov 2019

∙

Is it possible to link to China e-payment services to YouTrip?

Will YouTrip consider getting linked to other payment platforms in China, like Alipay, WeChat Pay or Unionpay? It will be super useful for travellers to China.

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Kelly Trinh

06 Nov 2019

Backoffice technical at financial services firm

Update: looks like Alibaba already launching their own thing...

https://amp.scmp.com/business/article/3036366/a...

Previous comments here:

Alipay / Wechat pay looks very unlikely since their the add to Alibaba/Tencent would be to keep users in their eco-system and so linking up with YouTrip or other outsiders is not in their interest.

Unionpay is card scheme like Visa/MC - since they are competitors, it would be amazing to see one card that supports both Unionpay and Youtrip's current partner Mastercard.

In a broader sense - the China domestic payments market is colossal and Unionpay grabbed the top spot in global cards market from Visa in 2016, so linking with them is the envy/dream of all payment companies. Any potential company is going to need to pay a high price to get any partnership agreement with Unionpay - would be great to see it happening here first in SG/YT but seems unlikely to me.

Reply

Save

Write your thoughts

Related Posts

With Singapore's recent major push for adoption for e-payment rails such as SGQR, will Crypto.com embrace partnering with existing payment rails to greatly accelerate mainstream adoption of Crypto.com Pay?

Question from the community: Team CASH or Team E-PAYMENTS - Which makes it easier for you to stick to a budget and save?

Has anyone used Youtrip card for car rental payments in Australia at the major car rental companies? Would they accept the use of the card for collection of deposits and final payment after returning the car?

Is it possible to make full payment of renovation cost and use DBS preferred payment plan to pay it via 0% installment for 12 mths?

With the clamping down of large tech in China as well as the possible delisting risk in the US-listed China stocks, do you see this as a short term risk and an accumulation opportunity?

Related Products

YouTrip Card

4.5

1152 Reviews

Mastercard

TYPE

Free

CURRENCY EXCHANGE FEES

N/A

MONTHLY FEES

$5/transaction

OVERSEAS ATM WITHDRAWAL FEES

150+

SUPPORTED FIAT CURRENCIES

Crypto.com Visa Card

4.8

303 Reviews

Revolut Card

4.2

352 Reviews

Related Posts

With Singapore's recent major push for adoption for e-payment rails such as SGQR, will Crypto.com embrace partnering with existing payment rails to greatly accelerate mainstream adoption of Crypto.com Pay?

Question from the community: Team CASH or Team E-PAYMENTS - Which makes it easier for you to stick to a budget and save?

Has anyone used Youtrip card for car rental payments in Australia at the major car rental companies? Would they accept the use of the card for collection of deposits and final payment after returning the car?

Is it possible to make full payment of renovation cost and use DBS preferred payment plan to pay it via 0% installment for 12 mths?

With the clamping down of large tech in China as well as the possible delisting risk in the US-listed China stocks, do you see this as a short term risk and an accumulation opportunity?

Advertisement