Under a licensing agreement with WeChat developer Tencent, AUB said it would enable merchants in the Philippines to accept payments through WeChat Pay for hotel and airline bookings, shopping and dining.
WeChat Pays launch in the Philippines came after a unit of Tencent rival Alibaba launched a mobile payment system for Filipinos in partnership with Globe Telecom.
WeChat Pay is embedded in WeChat, Chinas social messaging app with nearly 1 billion users, according to AUB. It is offered in 15 countries and available in 12 currencies.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright