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Thread: Opinion: without Alipay and Wechat Pay, you are screwed in Shanghai
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Old Nov 1, 2017 | 6:15 am
  #16  
JPDM
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Join Date: Feb 2013
Location: China and Canada
Posts: 1,894
Originally Posted by seanpodge
I assume it's due to the currency exchange controls the government puts on foreigners. Similar to the US$500(or equivalent)/day limit on cashing out RMB.

I agree that it's a nuisance, particularly since they have my bank card, and therefore my bank details, on file. It would be good if Alipay/WeChat would let you at least have the US$500 equivalent per day. Would cover most cases of mobile payment.
What $500 per day limit? Never heard of this.
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