No bank account needed for Alipay and WeChat Pay

Move opens untapped tourist market for Alibaba and Tencent mobile payments

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Labels for WeChat Pay, Alipay and other services are displayed outside a watch store in Hong Kong. © Reuters

REI NAKAFUJI and YUSUKE HINATA, Nikkei staff writers

BEIJING/GUANGZHOU -- Visitors to China now can access the country's leading mobile payment apps without having a Chinese bank account, further expanding the reach of Alibaba Group Holding and Tencent Holdings as the government promotes tourism.

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