Question: If I added a binding of credit card to Alipay, then, purchases with Alipay in China is just like using my credit card back in the US, am I right? Will the purchases with my Alipay in China show up on the same credit statement we see in the US, in US$ and not in RMB? According to your experience, do banks/credit cards deliberately used exchange rates favorable to themselves?
As far as I can see, yes - for straight purchases anyway. Not sure anything like purchase insurance would apply. I'll know more when I get a chance to use it in 6 weeks or so.
@@User-Tal1951 Yes, same here. I tested in London Chinatown, the ladies in Chinatown confirmed it will work in the mainland in China. BUT it will not work in HK.
I would never return to China. Too dang scary. Then again, I'm in the Philippines. China ain't our BFF. We have the same issue here with GCash and Maya. Our IDs cannot be registered so we all let our spouses/girlfriends handle the payments when required (Internet, water, electricity, rideshare, etc.)
