FlyerTalk Forums - View Single Post - Opinion: without Alipay and Wechat Pay, you are screwed in Shanghai
Old Jul 26, 2023 | 12:52 am
  #643  
Palal
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Join Date: Jul 2005
Location: TAS
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Posts: 9,241
Originally Posted by YariGuy
I used the new foreign card option through Wechat this morning at my local breakfast vendor (the kind of stall where they have a permanent QR code affixed to the wall). Charged 13.5 to my Chase Sapphire Reserve through wechat pay. On the payment screen it said 13.5, with 0.41 fee crossed out. The charge showed up on Chase for $1.88, which implies an exchange rate of 7.181. Today's onshore rate is 7.19, offshore rate is 7.18, so basically no margin on exchange rate.

Pretty good so far.
Yes - even if you use the 'receive money' function on Wx, you can pay using Visa/MC/Discover. Even if it's only to your friends
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