China introduces wide range of payment options for tourists: Details inside

04:10 PM | 15 Apr, 2024
China introduces wide range of payment options for tourists: Details inside

BEIJING - In an effort to attract tourists and make the country more travel-friendly, China has issued new guidelines to improve payment services for the elderly and international travelers at starred hotels and tourist destinations.

The guidelines were jointly released by the People's Bank of China, the Ministry of Culture and Tourism, the State Administration of Foreign Exchange, and the National Cultural Heritage Administration.

Under the guidelines, hotels with three stars or above and top-rated tourist attractions have been directed to accept a wider range of payment methods so that the tourists are not restricted to carrying cash or utilizing a few cards.

These destinations have been bound to support all types of card payments, including both domestic and foreign bank cards. Moreover, key tourist attractions, public libraries, and museums have also been compelled to maintain staffed payment services and permit cash transactions for travelers who may not have access to digital payment options.

To provide even greater convenience for visitors from overseas, the guidelines call for the designation of more foreign currency exchange locations in tourist areas that welcome more visitors. Authorities have additionally revealed plans to streamline e-payment systems, aiming to make online and on-site transactions easier for tourists.

To implement these measures and to improve public service, four government departments will collaborate with local authorities so that the changes are translated in reality for the ease and comfort of the travelers.

It is to be highlighted that China has been increasingly opening up to the outside world years after the pandemic brought tourism to a standstill. The government lifted restrictions last year and inked visa-free agreements with other countries. As a case in point, China and Thailand have signed a visa-free agreement on a permanent basis from March this year and the range of payment options for overseas tourists would help the country attract more tourists.

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72


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