Nepal bans Chinese digital wallets - News Summed Up

Nepal bans Chinese digital wallets


Nepal bans Chinese digital wallets 0 SHARES Share it! Share TweetBy Agence France-PresseNepal said Tuesday it has banned popular Chinese digital wallets Alipay and WeChat to prevent the loss of foreign currency earnings from tens of thousands of Chinese tourists. Over 150,000 Chinese holidaymakers visited Nepal last year, many using digital wallets to pay in hotels, restaurants, and shops in tourist areas — especially in Chinese-run businesses. “We have enforced a ban on Alipay and WeChat Pay because the country is losing foreign currency earnings through its usage. “Chinese tourists often ask for digital payment options.


Source: Manila Bulletin May 21, 2019 15:56 UTC



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