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In Depth: How China’s Unified QR Code System Is Redefining Cross-Border Payments

By Zhang Yuzhe and Qing Na
2025年11月24日 19:27
The system channels transactions through a single gateway, moving away from the patchwork of bilateral links between individual service providers
China’s new unified QR code system is part of Beijing’s broader push to make digital payments more accessible for foreign visitors.

China is moving to streamline cross-border payments with a unified QR code system, aiming to resolve inconsistent standards that require foreign wallets to connect separately with different domestic payment platforms.

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