Tuesday, 19 February 2019 11:06

Alipay Australia spend by Chinese tourists more than doubles

By
Alipay Australia spend by Chinese tourists more than doubles Courtesy Alipay

Chinese online payment platform Alipay has released statistics for the Lunar New Year period showing how much Chinese tourists to Australia and New Zealand spent during the period.

The statistics showed that overall Australia stood ninth in Alipay transaction volume during the new year period - as in 2018 - but the transaction volume increased by 110% and the amount spent per person was up by 40% to 1808 yuan (A$374.75).

A statement from Alipay said 99% of Chinese tourists had its app installed on their smartphones as per a Nielsen survey in 2018, making transactions via the app a key indicator of travelling and spending behaviour.

Other findings released by the mobile payment provider:

  • The most common Alipay transaction locations were pharmacies, duty-free stores, fish-markets and supermarkets.
  • Transaction volume at duty-free stores increased 670% year-on-year, and spend per person increased by 20%.
  • Transaction volume at supermarkets increased 120% year-on-year.

Key findings for the Lunar New Year period in New Zealand were:

  • New Zealand ranked second in the Asia-Pacific region for growth in average Alipay spend per person (after the Philippines), following a 36% year-on-year increase to 1994 yuan.
  • Alipay transaction volumes in New Zealand increased by 240%.
  • The most common transaction locations were duty-free and souvenir stores.
  • The average spend per person at duty-free stores increased by 97% year-on-year, and transaction volume increased by 260%.

Globally both transaction values and volumes experienced robust growth, the company said.

  • Offline in-store transaction value surged 2.2 times year-on-year.
  • Top five countries that saw the highest growth on average spend were: Denmark (22.7 times), Spain (7.1 times), the Philippines (5 times), Belgium (4.7 times) and Switzerland (3.4 times).
  • Asia claimed nine of the top 10 countries by transaction volume with the exception of Canada, which climbed to 10th spot due to increased adoption by local merchants and large retailers.
  • In terms of product and outlet categories, Chinese tourists shopped more frequently in department stores and luxury shops in Europe, while those who travelled to Asian countries favoured cosmetics shops and convenience stores.
  • Average consumption growth through Alipay by travellers from third- and fourth-tier cities in China outpaced those travellers from the top-tier cities, such as Beijing, Shanghai and Guangzhou.
  • Middle-aged travellers, who are categorised into two groups — those who were born between 1960-1969 and those born between 1970-1979 — were the main driving force in outbound tourism and overseas consumption.

BUSINESS WORKS BETTER WITH WINDOWS 1O. MAKE THE SHIFT

You cannot afford to miss this Dell Webinar.

With Windows 7 support ending 14th January 2020, its time to start looking at your options.

This can have significant impacts on your organisation but also presents organisations with an opportunity to fundamentally rethink the way users work.

The Details

When: Thursday, September 26, 2019
Presenter: Dell Technologies
Location: Your Computer

Timezones

QLD, VIC, NSW, ACT & TAS: 11:00 am
SA, NT: 10:30 am
WA: 9:00 am NZ: 1:00 pm

Register and find out all the details you need to know below.

REGISTER!

ADVERTISE ON ITWIRE NEWS SITE & NEWSLETTER

iTWire can help you promote your company, services, and products.

Get more LEADS & MORE SALES

Advertise on the iTWire News Site / Website

Advertise in the iTWire UPDATE / Newsletter

Promote your message via iTWire Sponsored Content/News

Guest Opinion for Home Page exposure

Contact Andrew on 0412 390 000 or email [email protected]

OR CLICK HERE!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

VENDOR NEWS & EVENTS

REVIEWS

Recent Comments