Residents of Wuhan grabbed RMB 30 million ($4.2 million) worth of WeChat coupons in 9 minutes on Sunday, WeChat developers said in a blog post. The coupons generated transactions worth 13 times their value on the first day of usage. The vouchers ar…
Apple is reportedly going to include a Chinese mobile wallet in Apple Pay in its upcoming iOS 14 update with addition of Alipay to its roster of accepted payment methods.
Why it matters: Chinese payment apps like Alipay and WeChat Pay are…
Jan 9, 20201 min read China’s largest messaging app WeChat has rolled out a tuition payment feature for Chinese students studying in South Korea, according to a Tencent News report.
Why it matters: The move allows WeChat, run by Tencent, to further …
Nov 6, 20191 min read Tencent is working with five international card network operators including Visa and Mastercard which will allow WeChat users to link international bank cards to the platform for mobile payments.
Why it matters: China’s largest…
Oct 11, 20192 min read (Image credit: Creative Commons / marcoverch)China’s big two digital payment platforms Alipay and WeChat Pay have issued separate statements on Thursday making explicit their policies forbidding transactions related to cr…