RoomCloud Booking Engine supports two of the most widespread payment methods in China, WeChat Pay and Alipay. Why is it so important for hosts all over the world?
During a meeting at the beginning of the year, Dai Bin, President of the China Tourism Academy, a ministerial organization for the development of outbound tourism, stated: „China is the biggest tourism market in terms of both expenditure and number of traveling abroad […] This growth curve has made China the largest international tourism market globally, higher than the United States ($ 123 billion) […]. Expenses for Chinese travelers generate about 23% of tourist revenue in destinations around the world „.
In the future it will therefore be increasingly necessary for hoteliers from all over the world to have the right tools to effectively accommodate this Asian wave.
Payment methods in the Chinese market
In particular, the issue of payments can be a differentiation argument and an important competitive advantage over the competition.
The Booking Engine RoomCloud guarantees its customers the possibility to receive payments through WeChat and AliPay, two of the most used methods in the Chinese market.
WeChat Pay is an electronic payment service built into the WeChat App, currently the most used messaging application in China, with 980 million active users. Each registered person has an electronic wallet which, if connected to a current account, allows payments to be made.
Alipay is a Chinese online payment platform founded by Alibaba Group. Similar to WeChat Pay it uses traditional payment systems, such as credit or debit cards, together with ancillary services such as QR Code payments and peer-to-peer transfers. With Alipay the transaction payment is delayed and the transfer of payment depends on the payment method chosen by the customer.
RoomCloud integration with C’trip
In addition to these possibilities, RoomCloud is integrated with C’trip, currently the largest online travel agency in China, that provides travel services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management.
The availability of these familiar payment methods and the connection with one of the most well-known portals of the country will make your facility more accessible to Chinese customers. As a result, sales will increase and China will be closer than ever!