Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
In China it's difficult for non-Chinese to pay
3 points by saadmrb on Dec 7, 2019 | hide | past | favorite | 1 comment
- doesn’t accept btc - doesn’t accept usd - doesn’t accept credit cards - doesn’t accept chinese fiat

Only accepts wechat pay. And you can only order with their wechat mini app.

It has been very hard to pay for things without wechat pay. Incredible how much things have changed since last here.

And wechat pay is only available to people that connect a Chinese bank card. The country runs on a fully KYC digital payment rail.

a few more data points:

- plenty of places accept cash but virtually every time they have asked can we use wechat instead? - some accept cash so infrequently they are literally carrying no cash to make change. had to run to a store to make change for my cab driver



Imagine how much control Tencent (company behind WeChat) could have over someone's life in such a system. If you live in China and your account gets closed, tough luck.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: