I was asking how you were using GPay to exchange money, but never mind, I give up.

It's really simple. I send other party ~6300 CNY, and he/she sends me 1000 USD.

And then I asked you how the funding for the transaction was made and that was ignored. lol...I'll just spend time looking that up then. I think GloballyServiced already gave me all that I need to know to be as cashless as possible in China.

By the time you're allowed to visit things will almost certainly have changed. I've noticed more and more stores, especially convenience stores, prominently displaying signs welcoming the digital yuan. When they allow tourists in again, 2 or more years from now, this will have overtaken wechat pay or alipay IMHO.

I first heard about the digital yuan a couple of years ago. I think the Economist talked about it recently. Very interesting development and I suspect we're on the cusp of a global revolutionary change.

Like I said earlier, people give me the weird look when I pay with cash...

Ignored? There are many ways to send CNY to other people.

Never mind bro. Just forget it.

Is it honestly difficult for you to understand this?
Let me attempt to make it clear:
-I send CNY to Party B through Ali, WX, or our banks
-Party B sends me USD via Gpay

If any of my prior posts have been cryptic, please advise.

I agree with you guys on this. If you read any of the pronouncements coming out of official channels the concerns from border closures are the impact on academic exchanges (including the difficulty Chinese students are having getting into/back into tertiary schools overseas) and the impact on business involving foreign companies as investors or customers of Chinese companies. I have not read one word about possible negative impact from the lack of foreign tourists.

The digital yuan is PBOC's end run on alipay and wechat pay. The ultimate goal is to replace them so that control is retained by the same authority that oversees banks and all monetary flows. Two years ago analysts estimated monetary flow volume within Alipay and Wechat exceeded the banking system with near zero visibility into that ecosystem by the authorities. That is not going to be allowed to continue.

They are trying to kill crypto as well. I think these are lost causes, but time will tell.

5% is a lot if you spend (ten)thousands of RMB.

For the average tourist who might only spend a few hundred RMB at corner stores and markets (meals being included in their tour group arrangements), it's nothing compared to the convenience you get.

Spending 1000 RMB means 5% is 50 RMB, around 8$ or 6.50€. And that will buy you a lot, unless you decide to "splurge" (and then, most "splurge" places for tourists will happily take credit cards..)

So yeah, charging 5% but giving you the full convenience is a good deal. Obviously 0% (or something near it) is a better deal, but why spending much time if a quick and easy fix exists?

Are you moondog’s second account?

LMAO! :D

An update to my earlier question regarding ringtones / alerts for WeChat on iPhones ........

Following the latest iOS updated version 8.0.8 released yesterday you can now change alert sounds (limited) and ringtones (mostly Chinese artists).

After updating, go to your WeChat settings / new message notification / alert tone and ringer.

For me, will make such a difference having a more unique tone rather than the same as xxx millions of others!

I really wish people in China would turn off their alert ringtones. Riding on the train is such a miserable experience hearing your BS tones all day.

I don’t think I’ve let my phone ring since high school. Vibrate only.