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Find here all the latest articles, news, and research on WeChat Pay and other WeChat Pay-related topics:

Find here all the latest articles, news, and research on WeChat Pay and other WeChat Pay-related topics:

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Tencent to possibly be fined for AML violations

News | Digital Identity, Security & Online Fraud | 14 Mar 2022

Tencent has been facing a fine for violations of central bank regulations by its WeChat Pay mobile network after Beijing toughened its regulations for fintech platforms, as related by The Wall Street Journal.

WeChat Pay, AML, central bank, banks, regulation

Tencent to decrease fees on WeChat payments for SMEs

News | Mobile Payments | 08 Mar 2022

China-based social media company Tencent has announced it plans to reduce the transaction fees for SMEs using WeChat payments system by 10%.

WeChat Pay, regulation, product upgrade, SMEs, Alibaba, delivery, ecommerce

Strategies for selling successfully to China

Voice of the Industry | Ecommerce | 04 Mar 2022

Elena Gatti, Managing Director Europe at Azoya, talks about four main changes that are happening in the Chinese retail sector, providing pointers on how to sell successfully to China

cross-border ecommerce, retail, livestream shopping, Alibaba, ecommerce, online shopping, QR code, WeChat Pay

Alipay and WeChat Pay to launch personal business QR codes

News | Mobile Payments | 01 Mar 2022

Alipay has announced together with WeChat Pay that they will launch new QR codes for personal businesses a bid to optimise QR payments.

Alipay, WeChat Pay, QR code, mobile payments, QR payments, regulation

WeChat Pay announces its support for the digital yuan

News | Cryptocurrencies | 07 Jan 2022

China-based messaging app WeChat has said it backs the country’s sovereign digital currency.

WeChat Pay, digital currency, digital payments, mobile payments, Alipay

Tenpay fined for violation of foreign exchange rules

News | Digital Identity, Security & Online Fraud | 29 Nov 2021

China has fined Tenpay, an online-payment unit of Tencent Holdings, USD 438,000 for violating foreign exchange rules amid growing regulatory scrutiny of the nation’s fintech industry.

WeChat Pay, regulation, banks, financial services

Mobile payments continue to accelerate post-pandemic

Voice of the Industry | Mobile Payments | 15 Nov 2021

Jonathan Bennett, Chief Commercial Officer DOCOMO Digital, goes into specific detail in describing how mobile payments are forecasted to continue on an upward adoption scale long after the COVID-19 pandemic

mobile payments, DOCOMO Digital, Juniper Research, QR code, QR payments, WeChat Pay, Alipay

WeChat Pay connects directly multiple Chinese banking apps

News | Mobile Payments | 15 Nov 2021

China-based payments app WeChat Pay has started a collaboration to connect directly with mobile apps of financial institutions in China, among efforts by regulators to integrate payments.

WeChat Pay, product upgrade, UnionPay, mobile payments, QR payments

EasyTransfer and Tencent provide tuition payments for Chinese students

News | Online Payments | 29 Oct 2021

China-based tuition payments platform EasyTransfer has partnered with communications platform Tencent to offer overseas Chinese students online tuition payments.

partnership, online payments, WeChat Pay, cross-border payments, payment methods

Huawei acquires mobile payments licence for Chinese market

News | Mobile Payments | 06 Oct 2021

China-based tech company Huawei has started to ramp up its mobile payments service after gaining a nationwide licence from a corporate acquisition.

Huawei, mobile payments, contactless payments, WeChat Pay

Alibaba apps start offering WeChat Pay option after Chinese government order

News | Ecommerce | 01 Oct 2021

China-based Alibaba Group has begun offering payment services from Tencent’s WeChat on a number of its apps, after the government ordered tech firms to stop blocking each other’s services and links.

Alibaba, WeChat Pay, regulation, ecommerce, mobile payments

Porter Airlines introduces more options to pay for flights

News | Online Payments | 22 Jul 2021

Porter Airlines has announced more payment options for customers when purchasing flights on its website.  

partnership, online payments, PayPal, WeChat Pay

Aleta Planet, Fooyo form joint venture to offer digital marketing and ecommerce solutions to Singapore businesses

News | Ecommerce | 12 May 2021

Singapore-based fintech Aleta Planet has announced that it has formed a joint venture with software developer Fooyo to offer digital marketing and ecommerce solutions for Singapore businesses that are preparing for the reopening of the Chinese market.

Aleta Planet, WeChat Pay, Alipay, mobile payments, ecommerce

Chinese ecommerce market set to reach USD 3 tln in 2024, GlobalData forcasts

News | Ecommerce | 22 Apr 2021

The Chinese ecommerce market is set to register a compound annual growth rate of 12.4% from USD 2.1 trillion in 2021 to USD 3 trillion in 2024, forecasts GlobalData.

ecommerce, online payments, WeChat Pay, Alipay

Wallyt, FirstPay, NIC ASIA Bank to launch WeChat Pay and UnionPay mobile payments in Nepal

News | Mobile Payments | 05 Mar 2021

NIC ASIA Bank, FirstPay, and digital banking solution provider Wallyt have partnered to launch digital payment services through WeChat Pay and UnionPay QR in Nepal.

Wallyt, WeChat Pay, UnionPay, mobile payments

Worldline launches China All-In-One solution

News | Online Payments | 14 Jan 2021

Worldline has launched its China All-In-One solution from Ingenico, which unifies its suite of Chinese payment solutions, including AliPay, WeChat Pay, and UnionPay, into one package.

Worldline, launch, China, China All-In-One, Ingenico, Alipay, WeChat Pay, UnionPay, ecommerce, online payments, local payments methods, QR code

China says the new US order is misusing national security to hurt commercial competitors

News | Payments General | 07 Jan 2021

China’s government has accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps, according to The Associated Press.

China, Donald Trump, Alipay, WeChat Pay, mobile apps, Tencent, conflict

Twinkl sees increased international growth after switching to Adyen

News | Online Payments | 02 Dec 2020

Adyen has announced that it supports the global online educational publisher, Twinkl, to improve its international subscription payments.

Adyen, Twinkl, business partnership, subscription payments, online payments, monthly subscriptions, payment methods, customisable checkout, local payment methods, Alipay, WeChat Pay, RuPay, iDeal

Raffles Hotel Singapore, Adyen partner to offer guests contactless tokenized payments

News | Online Payments | 24 Nov 2020

Raffles Hotel Singapore has appointed Adyen as its preferred payments partner to improve its hospitality experience.

Raffles Hotel Singapor, Adyen, business partnership, tokenized payments, contactless payments, QR codes, WeChat Pay, Alipay, point-of-sale, mobile wallets, ecommerce

Digital wallets – shaping the digital consumers of the future

Voice of the Industry | Mobile Payments | 23 Oct 2020

Hianyang Chan, Senior Consultant at Euromonitor, elaborates on the latest developments when it comes to digital wallets

Hianyang Chan, Euromonitor, digital wallets, Asia-Pacific, digital payments, payment method, super app, WeChat Pay, Alipay