Core Viewpoint - The introduction of a unified cross-border QR code payment gateway in China aims to enhance the payment experience for international travelers by addressing compatibility issues and streamlining payment processes [1][4]. Group 1: Unified Gateway Overview - The unified gateway is a cross-border payment infrastructure developed under the guidance of the People's Bank of China, allowing domestic and foreign institutions to connect through a single interface for QR code payment cooperation [2][5]. - Since its trial launch at the end of July, the unified gateway has attracted numerous foreign wallets, with Ant Group and Tencent leading the initial pilot [2][3]. Group 2: Participation and Integration - Ant Group's Alipay now supports seven major international card brands and 31 electronic wallets from 12 countries and regions, with recent additions from Indonesia, Uzbekistan, and Thailand [2][3]. - Tencent's WeChat wallet and several other international wallets, including PayPal and various Southeast Asian wallets, are set to integrate with the unified gateway [2][3]. Group 3: Operational Impact - As of September 11, the unified gateway has processed 1.981 million transactions, amounting to 427 million yuan [3]. - The unified gateway aims to resolve previous issues of fragmented payment systems and enhance the interoperability of payment platforms, thereby simplifying cross-border transactions [4][5]. Group 4: Future Prospects - The unified gateway is expected to facilitate tourism, commerce, and cultural exchanges by creating a seamless payment experience for foreign visitors in China [6]. - The gateway will continue to expand its network of participating institutions and enhance cross-border payment capabilities [7].