DBS PayLah opens QR payments at 100 million merchants in China
What's new: Users can pay through Alipay, Weixin Pay and UnionPay networks with no added fees, extending DBS's cross-border push.
DBS PayLah! users can now make QR-code payments at more than 100 million merchants across mainland China through Alipay and Weixin Pay partner networks, adding to the app's existing UnionPay link. The Singapore bank said users can either scan a merchant code or show their own code for checkout, with no additional transaction fees. Before confirming a purchase, the app displays the amount in yuan, the exchange rate and the Singapore-dollar total. DBS said the expansion makes it the first bank in Singapore to support all three major QR payment ecosystems in China. The move comes as travel to China picks up; China's National Immigration Administration said foreign visitors made 11.6 million trips from July to September, up 15.6% from a year earlier.