Tencent has cooperated with five international financial service companies to make it possible to tie overseas international credit cards to WeChat, thus allowing overseas users to utilize WeChat’s payment services.
Ant Financial has announced that their market leading payment platform is now available for all foreign users to pay in China.
David Marcus, the executive leading Facebook’s Libra initiative, told Bloomberg News that the United States risks ceding ground to China in the global battle for digital payments primacy.
Paytm is close to scoring $2 billion of new financing from investors including Alibaba’s Ant Financial and SoftBank Group Corp., Bloomberg reported citing a person familiar with the matter.
Chinese tech giant Tencent is incubating a financial credit product named Fenfu, which functions similarly to a credit card, and is expected to become available through the company’s instant messaging app WeChat.
On September 11, according to WeChat Global, WeChat Pay and LINE Pay announced that they would further deepen their cooperation in the field of mobile payments and begin integrating WeChat Pay with LINE Pay’s merchants in Japan.
Chinese multi-purpose messaging app WeChat introduced a new payment device on August 27 named the “Frog Pro” at the Chongqing Smart China Expo in an effort to upgrade its offline payments.
Whether you are a traveler or expat in China, there are a few apps you’ll need to get to enhance your experience in China. We’ve compiled a list of 10 apps you must download before going to China.
Alipay, a payment and lifestyle platform by Ant Financial, has connected more than 300,000 Japanese merchants as of early 2019, a 500 percent increase compared with last year.
Alipay, the world’s leading payment platform, today announced a new agreement with Barclaycard, a multinational credit card and payment services provider that processes nearly half of the UK’s credit and debit card transactions.