WeChat Pay

Tencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent Simplifies Process of Linking International Cards With Weixin Pay
April 12, 2024  |  Cross-border Payments

Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay.  In addition, Weixin...

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Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
December 03, 2023  |  Digital Payments

Millions of Chinese consumers have been barred from mobile payment apps amid record defaults. More than 8.5 million people, mostly between 18 and 59, have found...

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Alipay and WeChat Pay Add Links to Visa and Mastercard
Alipay and WeChat Pay Add Links to Visa and Mastercard
July 21, 2023  |  Payment Methods

Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay. Ant Group, the operator of Alipay, said Friday (July...

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Flywire and Tencent Financial Team on International Tuition Payments for Chinese Students
Flywire and Tencent Financial Team on International Tuition Payments for Chinese Students
July 13, 2023  |  Partnerships

Flywire and Tencent Financial Technology have teamed up to provide a convenient way for Chinese students to make international tuition payments. This partnership will use the digital wallet Weixin...

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Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
Digital Yuan Transactions Pass $14B While US Debates Digital Dollar
October 26, 2022  |  Cryptocurrency

Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. That represented 360 million transactions...

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Tencent Eyes a Holding Company for FinTech WeChat Pay
Tencent Eyes a Holding Company for FinTech WeChat Pay
March 23, 2022  |  Mobile Payments

Tencent, the Chinese tech giant, is looking into whether regulators will required it to have a financial holding company for its FinTech business, CNBC wrote...

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China Could Require Tencent’s WeChat to Secure New Payment License
China Could Require Tencent’s WeChat to Secure New Payment License
March 18, 2022  |  Regulation

Regulators in China could force Tencent to spin WeChat Pay into its newly-created payments subsidiary, which could cause the need for the mobile payments service...

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China’s WeChat, AliExpress Added to US Piracy Market List
China’s WeChat, AliExpress Added to US Piracy Market List
February 17, 2022  |  Mobile Commerce

The U.S. has added WeChat and online market AliExpress to its list of markets infamous for counterfeiting and piracy, Bloomberg reported. The annual list highlights...

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Chinese Payments Giant WeChat to Accept Digital Yuan 
Chinese Payments Giant WeChat to Accept Digital Yuan 
January 06, 2022  |  CBDC

China’s largest messaging app says it will begin accepting the country’s digital yuan.  According to media reports Thursday (Jan. 6), Tencent Holdings’ WeChat, which numbers...

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