"Enabling Seamless Transactions for Global Travelers in China" - Powered by Thunes

The presentation focuses on the challenges global travelers face when trying to make transactions in China's largely cashless society and introduces Thunes as a solution.

Key highlights

Challenges for Foreign Travellers in China:

• Difficulty using credit cards and cash for local transactions in China's cashless society.
• Specific examples include paying for taxis, vending machines, and small market purchases.

Thunes' Initiative:

• Thunes enables transactions through QR code payments.
• Allows users to pay with their mobile wallets from their home country.

Reducing friction:

• Personal experience of friction in using mobile wallets in China.
• Thunes QR payment solution allows users to pay in their local currency with their home mobile wallet apps.
• Provides a new revenue stream for banks and mobile wallets.
• Single API connection to multiple QR codes in China.
• No need for additional onboarding or app installations for travellers.

Conclusion

Thunes' partnerships and technical solutions ensure that international travelers can use their local mobile wallets in China effortlessly, thereby enhancing their overall experience in China. Thunes' vision extends beyond China, aiming to offer similar solutions in other countries in the future.

Watch Full Session

Speaker: