
China's 2025 Labor Day Sees Surge in Inbound and Outbound Travel Spending via Alipay and Other Alipay+ Partner Payment Apps
HANGZHOU, China--(BUSINESS WIRE)--Data from Alipay and other Alipay+ partner payment apps indicates a notable increase in both outbound and inbound tourism spending in China during the 2025 Labor Day holiday (Golden Week).
Outbound Travel: Chinese tourists explore local experiences through digital platforms in overseas destinations
Through Alipay+, a unified wallet gateway with cross-border payment and digitization services developed by Ant International, users of 36 e-wallets in Asia and Europe—including Chinese travelers—can use their own home payment apps across over 70 markets without the need to exchange currency or carry cash. During China's Labor Day holiday, global Alipay+ merchants have joined Alipay in an exclusive campaign to lure travelers.
The top destinations for Chinese travelers, based on total Alipay spending, are Hong Kong SAR, Japan, Macao SAR, South Korea, Thailand, Malaysia, Singapore, France, Canada, and Italy.
Thanks to Alipay+'s 100 million-strong and diverse global merchant network, Chinese tourists are increasingly seeking more personalized, local experiences. Switzerland recorded the highest average Alipay spending per user, while in South Korea, average spending exceeded USD 100—driven in part by the growing trend of traveling for cosmetic surgery. In addition, the growing desire for immersive local travel experiences is driving increased use of local transportation, with Alipay transactions rising 53% year-over-year. Public transit has become the most frequently used Alipay service among travelers. Taking buses and subways with Alipay is especially popular in Hong Kong SAR and Macao SAR, where travelers are already familiar with using it for daily commutes. Other emerging trends include buying train tickets in Europe and unlocking shared bikes in Japan with Alipay.
Furthermore, Alipay's real-time tax refund service saw a 33% year-on-year increase in the refund value per transaction, while the number of claims for Alipay's instant discount offer increased by 46% compared to the New Year's Day holiday.
Inbound Travel: Visa-free entry, updated tax refund policies, and new payment options attract international travelers
Since September 2023, the Alipay+ solutions have supported 13 leading payment apps 1 in Asia to serve their roaming users across Alipay's extensive merchant network in China.
Thanks to China's updated tax refund and visa-free policies, more international travelers are heading to the country. During the Labor Day holiday, both the number of transactions and the total spending by travelers using the 13 overseas e-wallets rose by over 100% year-on-year. AlipayHK topped the list for total spending, followed by Malaysia's Touch 'n Go e-Wallet, Kazakhstan's Kaspi.kz, Macao SAR's MPay, and Thailand's TrueMoney.
With Alipay+, international travelers may also bind their Visa, Mastercard, American Express, JCB, Discover ®, Diners Club International ®, and UnionPay International credit or debit cards to Alipay for a seamless travel experience in China. This enables smooth payments and access to a wide range of digital services on the Alipay platform, including ride-hailing, hotel bookings, and plane or train ticket purchases.
Alipay Tap!—a contactless payment and customer engagement solution introduced by Alipay in China in June 2024—has also quickly become a preferred payment method among international travelers to China. The solution is essentially a simplified QR-code method that enables users to access services hosted on Alipay simply by tapping a merchant's terminal or an Alipay Tap! Tag, without needing to open an app, scan a code, or navigate multiple screens. As of April 2025, Alipay Tap! had attracted over 100 million users in China within just 11 months of launch. During the Labor Day holiday, travelers from the 54 countries covered by China's 240-hour visa-free transit policy spent 50% more via Alipay Tap! compared to the same period in April.
About Alipay+
Ant International's Alipay+ is a unified wallet gateway with cross-border payment and digitization services that help connect global merchants to consumers. Consumers enjoy seamless payments a broad choice of deals and the convenience of digital services using their preferred payment app/e-wallet while travelling abroad. Many small and medium-sized businesses already use Alipay+ digital tools to enhance efficiency and achieve omni-channel growth.
About Alipay
As the world becomes increasingly digital, Alipay has evolved from a trusted e-wallet into an all-in-one digital platform for daily services, connecting more than one billion consumers to over 80 million merchants across China. Alipay offers users a secure, seamless mobile payment experience and integrates over 10,000 services across sectors like travel, healthcare, tourism, and entertainment. With digital tools like Alipay Tap!, mini-programs, lifestyle accounts, Alipay enables merchants, institutions, and independent software vendors (ISVs) to enhance operational efficiency and effectiveness. In addition, Alipay is developing a new AI-driven open platform by integrating AI agents to deliver smarter, more personalized services to its users as well as facilitating the digital transformation of the service sector.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
KI Celebrates Best of NeoCon 2025 Recognition for the Cogni Classroom Chair
Reinforcing KI's Commitment to Innovation in Flexible and Active Learning Spaces. GREEN BAY, Wis., June 09, 2025--(BUSINESS WIRE)--KI is proud to announce its success at this year's Best of NeoCon awards competition, with one of its newest innovations receiving Silver honors at North America's most prestigious commercial interiors awards program. This recognition reinforces KI's commitment to thoughtful, flexible and forward-thinking design solutions for today's evolving learning, working and healing environments. "We are incredibly honored to be recognized by the Best of NeoCon judges for the Cogni Classroom Chair," said Tony Besasie, chief marketing and sales officer at KI. "The Best of NeoCon Silver Award validates the passion and purpose our design and engineering teams bring to each product we develop. Every piece reflects KI's belief in creating intelligent, adaptable solutions that meet the real needs of our customers across industries." Cogni™ classroom seating redefines the student experience with intuitive support, durable construction and the flexibility required in today's active learning spaces. Designed with ergonomic comfort and motion in mind, Cogni encourages natural movement to promote student engagement and focus. "With Cogni, we set out to rethink what classroom seating could be," said Besasie. "We know that movement is essential to focus and learning. Cogni encourages that movement—offering intuitive comfort that adapts to the learner, not the other way around. It's a thoughtful response to how students truly engage in today's classrooms." This recognition comes as KI marks its final NeoCon showcase at The Mart before moving to its new showroom in Fulton Market in 2026. "As we reflect on our legacy at The Mart and look ahead to our future at Fulton Market, it is especially meaningful to be honored this year," said Besasie. "This moment encapsulates KI's evolution, rooted in design excellence and always looking forward." ABOUT KI KI manufactures innovative furniture for education, healthcare, government and corporate markets. The employee-owned company is headquartered in Green Bay, Wisconsin, with sales and manufacturing facilities worldwide. KI tailors products and service solutions to the specific needs of each customer through its unique design and manufacturing philosophy. For more information, visit View source version on Contacts Media Contact: Shelly SchumacherVice President, Public RelationsNelson Schmidt Inc.262-305-1713sschumacher@


Business Wire
an hour ago
- Business Wire
KI Celebrates Best of NeoCon 2025 Recognition for the Cogni Classroom Chair
GREEN BAY, Wis.--(BUSINESS WIRE)--KI is proud to announce its success at this year's Best of NeoCon awards competition, with one of its newest innovations receiving Silver honors at North America's most prestigious commercial interiors awards program. This recognition reinforces KI's commitment to thoughtful, flexible and forward-thinking design solutions for today's evolving learning, working and healing environments. "We are incredibly honored to be recognized by the Best of NeoCon judges for the Cogni Classroom Chair,' said Tony Besasie, chief marketing and sales officer at KI. Share 'We are incredibly honored to be recognized by the Best of NeoCon judges for the Cogni Classroom Chair,' said Tony Besasie, chief marketing and sales officer at KI. 'The Best of NeoCon Silver Award validates the passion and purpose our design and engineering teams bring to each product we develop. Every piece reflects KI's belief in creating intelligent, adaptable solutions that meet the real needs of our customers across industries.' Cogni™ classroom seating redefines the student experience with intuitive support, durable construction and the flexibility required in today's active learning spaces. Designed with ergonomic comfort and motion in mind, Cogni encourages natural movement to promote student engagement and focus. 'With Cogni, we set out to rethink what classroom seating could be,' said Besasie. 'We know that movement is essential to focus and learning. Cogni encourages that movement—offering intuitive comfort that adapts to the learner, not the other way around. It's a thoughtful response to how students truly engage in today's classrooms.' This recognition comes as KI marks its final NeoCon showcase at The Mart before moving to its new showroom in Fulton Market in 2026. 'As we reflect on our legacy at The Mart and look ahead to our future at Fulton Market, it is especially meaningful to be honored this year,' said Besasie. 'This moment encapsulates KI's evolution, rooted in design excellence and always looking forward.' ABOUT KI KI manufactures innovative furniture for education, healthcare, government and corporate markets. The employee-owned company is headquartered in Green Bay, Wisconsin, with sales and manufacturing facilities worldwide. KI tailors products and service solutions to the specific needs of each customer through its unique design and manufacturing philosophy. For more information, visit
Yahoo
an hour ago
- Yahoo
BAE Systems, Inc. Names Tara Olivet Senior Vice President of Finance
FALLS CHURCH, Va., June 09, 2025--(BUSINESS WIRE)--BAE Systems, Inc. has named Tara Olivet as its senior vice president of Finance, effective June 7. Olivet will lead financial operations for the company's U.S.-based businesses, which generated 2024 sales of $16.85 billion and employs more than 40,000 employees across the United States, United Kingdom, and Sweden. She will also serve as a member of the BAE Systems, Inc. senior leadership team, reporting to President and CEO Tom Arseneault. "During her 20-year tenure at BAE Systems, Tara has distinguished herself as a highly accomplished and widely respected executive," said Arseneault. "Her experience, leadership, and dedication to the company's mission will continue to be foundational to our future growth and success." Olivet joined BAE Systems in 2005 and has held numerous roles across the global enterprise, most recently serving as BAE Systems, Inc.'s deputy senior vice president of Finance, and prior to that, as vice president of Finance for the Platforms & Services sector. Before that, she spent six years with BAE Systems, Inc.'s headquarters team as the vice president of Internal Audit and Controller. Olivet also served as the finance and controls director for the U.K. Aircraft Carrier Alliance, which built and delivered the Queen Elizabeth Class Carriers to the Royal Navy, among other roles. Olivet succeeds Dan Sallet, who will support special projects until his retirement in January. "I want to thank Dan for the tremendous contributions he's made to our company throughout his more than 35-year career," said Arseneault. "His exceptional work has helped BAE Systems and its employees, customers, and shareholders to thrive." Olivet holds a Master of Business Administration from Georgetown University; a Bachelor of Business Administration in finance and marketing from Ithaca College; and a Certificate in Accounting from the University of California, Berkeley. She is also a Certified Public Accountant (CPA). View source version on Contacts For more information, please contact: Veronica Bonilla, BAE SystemsMobile: @BAESystemsInc