UOB expands payment options for China-bound travellers
It will roll out China QR payments via its TMRW app by the end of 2026.
UOB is expanding its payment capabilities for customers travelling to China as part of efforts to strengthen its cross-border payments ecosystem across ASEAN and beyond.
Initiatives include a refreshed UOB UnionPay card, which offers customers 0% foreign exchange fees worldwide and 0% transaction fees on eligible AliPay and WeChat Pay transactions in China. No annual fee or minimum spending is required.
UOB said renminbi-denominated billings on the card rose more than sixfold year-on-year in October 2026, whilst new sign-ups increased nearly twelvefold.
The bank is also rolling out China QR payments by the end of 2026.
Through its partnership with NETS, Alipay+, UnionPay International, and Weixin Pay, customers will be able to pay using the UOB TMRW app at more than 100 million acceptance points in China, with zero administrative fees.
UOB said customer card spend in China grew by more than 40% year-on-year in the first half of 2026.
The bank’s overall cross-border payment transactions rose more than 20% in the same period, driven by cards, QR payments and cross-border transfers.
China was the leading outbound destination by booking volume for travellers from Singapore, Malaysia and Thailand in 2025, according to Trip.com data.