Spending by Chinese tourists during the Chinese New Year holiday was the highest in Thailand according to Alipay, a leading digital payment platform offered by Ant Financial, an affiliate of Alibaba Group.
The transactions were recorded between February 4 and 10, and data drawn from the 54 markets where Alipay is accepted.
The number of transactions in Thailand ranked second worldwide after Hong Kong, and topped the list in Southeast Asia with an average spending of 1,646 yuan (Bt7,650).
The high spending was put down to convenience stores and duty-free shops accepting Alipay and offering special promotions for Alipay users. King Power recorded a 50 per cent increase in transactions thanks to discounts for Alipay users, while transactions at convenience stores also rose by 38 per cent due to their “Alipay corner”.
Chinese visitors are also now able to get tax refunds at 7-Eleven branches in the capital.