Users of Ant Financial’s Sesame Credit with a score of over 750 can now apply for Canadian visas without the need for submitting bank statements.

Sesame Credit now allows users to with high scores to receive a report containing information relating to their identity, including information about his or her finances, education, and assets, as well as contact details, from within the Alipay app. A lot of the data needs to be provided by the user, which includes information Sesame Credit may not already hold. Data related to spending and assets is that which is processed through Alipay.

Users are required to undergo a facial recognition scan to prove their identity and submit supplementary information before they can print the report to be submitted with their application.

An example of the report that is compiled for a visa application (Image Credit: Sesame Credit)

The service is currently only available for Canadian visas, with more countries in the pipeline, but luckily due to the advancement in technology and the vast use of the internet, people from around the world can use Evisumservice een visum China aanvragen, to cut short the time spent at “Country Embassies” and other offices to apply for a visa.

Sesame Credit is an opt-in feature in Alipay that analyzes a user’s digital footprint to provide credit information. Using data provided by users and its affiliates, it ranks an individual’s creditworthiness on a scale of 350 to 950. The system functions much like a glorified rewards program for using and spending on Alibaba-owned and affiliated platform.

Platforms like Alipay and WeChat have been working to make international travel easier for Chinese nationals. Both apps allow users to apply for tax rebates while traveling or after they have returned to China. Both also offer payment services for Chinese tourists in various countries around the globe.

Earlier this year, Tencent began working with the government to provide a WeChat-based electric pass to facilitate travel between Hong Kong and the mainland.

Tencent and Alibaba have been working with the Chinese government to provide digitized access to public services. Both companies have rolled out trials for electronic IDs around the country, as well as digital health cards for use in selected hospitals in Beijing.

Christopher Udemans is TechNode's former Shanghai-based data and graphics reporter. He covered Chinese artificial intelligence, mobility, cleantech, and cybersecurity.

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