The State Council issued a document to improve the convenience of payment! Unionpay, Alipay and Tenpay collectively responded.

　　On the evening of March 7th, the General Office of the State Council issued "Opinions on Further Optimizing Payment Services and Improving Payment Convenience" (hereinafter referred to as "Opinions"). The Opinions require that according to the payment habits of different groups, efforts should be made to bridge the digital divide, and efforts should be made to improve the multi-level and diversified payment service system, so as to provide better, efficient and convenient payment services for the elderly, foreigners coming to China and other groups.

　　After the "Opinions" were released, UnionPay, Alipay and Tenpay successively issued announcements and issued relevant specific measures.

　　UnionPay: It is planned to invest 3 billion yuan to drive all parties in the industry to optimize payment services.

　　China UnionPay said that it will comprehensively and thoroughly implement the requirements of the Opinions, focus on blocking the pain points and difficulties, and take "Jinxiu Action 2024" as the starting point to promote substantial optimization and improvement of payment services as soon as possible.

　　In view of the difficulties and difficulties in using mobile payment, such as the inconvenience of swiping cards and not receiving payment in China, the elderly and foreigners in China, UnionPay will jointly launch "Splendid Action 2024" with the core of "30+X", where "30" means that UnionPay takes the lead in investing 3 billion yuan, and "X" means to leverage the funds of UnionPay to incite all parties in the industry to jointly invest resources. "Splendid Action 2024" will cover the whole year of 2024 and continue until 2025. The goal is to create a "global, full-scenario, full-solution", covering 26 high-frequency payment scenarios in 8 categories, including "food, housing, transportation, travel, shopping, entertainment, medicine and learning", as well as credit card, code scanning and mobile phone payment.

　　At the same time, under the guidance of the People’s Bank of China, UnionPay will accelerate the interconnection of bar code payment and realize barrier-free acceptance of various payment tools. Accelerate the two-way opening of the network between UnionPay and other bank card organizations, and coordinate with clearing institutions in terms of rules and standards.

　　In addition, UnionPay will focus on strengthening communication with local transportation departments, speeding up the settlement of the problems that the subway and taxi industries do not support the acceptance of non-payment of bank cards, optimizing the design of travel card products, making UnionPay, banks and other payment products universal and easy to use in various scenarios, and constantly improving the payment experience of various groups such as the elderly and foreigners coming to China.

　　Alipay: Solidly promote the optimization of payment services and continuously improve the convenience of payment.

　　Alipay said that it is solidly promoting the implementation of various measures to continuously optimize payment services for the elderly and foreigners coming to China. Among them, the promotion and optimization of the trading limit for foreigners have been completed, with the single trading limit raised from $1,000 to $5,000 and the annual trading limit raised from $10,000 to $50,000. New services such as multilingual translation, overseas wallet ride code "One Code Pass" will be launched one after another.

　　Tenpay: Take measures to improve the convenience of payment for the elderly and foreigners coming to China.

　　Tenpay said that with the support and guidance of the People’s Bank of China and the foreign exchange bureau, Tenpay has implemented a number of measures around "aging and upgrading". Under the direction of the Opinions, Tenpay will continue to improve the payment service experience based on its financial technology capabilities, create a temperature-sensitive payment service environment for the elderly, and further facilitate the work and residence of foreign nationals in China.

　　In terms of facilitating the payment of foreign nationals in China, simplification measures have continued to land. Under the guidance of the People’s Bank of China and the foreign exchange bureau, the single transaction limit and annual transaction limit of WeChat foreign card payment have also been increased, and at the same time, a quota strategy of dynamic management has been formulated, which takes into account the dynamic balance between service improvement and risk prevention and control on the basis of meeting the large consumption demand of users.

　　Southern Network and Guangdong Learning Reporter Li Jiechan