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Finance

China's WeChat Pay and Alilpay now accept Visa and Mastercard

Mobile payment giants welcome foreign credit cards in benefit to tourists

As mobile payments such as Alipay grow in popularity, credit card and cash transactions have plummeted in China.   © Reuters

SHANGHAI -- International visitors to China can now easily use the country's leading mobile payment platforms, which have become essential to shopping and dining.

Both WeChat Pay and Alipay were accepting international credit cards as of Friday, seeking to encourage tourists in China to use the smartphone-based payment services.

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