Retailers who don’t accept Alipay or WeChat payments missing out on billions

UK retailers are missing out on billions in Chinese tourism spend as 80 per cent of non-luxury retailers fail to accept Alipay or WeChat.
Ninety per cent of Chinese city dwellers use either Alipay or WeChat as their main payment method, according to new research from payments specialist JGOO.
Despite this less than a quarter of non-luxury stores in the UK accept these payment methods, meaning they’re counting themselves out of the £1 billion Chinese tourists are set to spend in the U