wechat

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and became one of the world's largest standalone mobile apps in 2018, with over 1 billion monthly active users.

Source: wechat.com

Bambora Teams Up With Payworks, The Bank Of East Asia Unveils Payment Hub
Bambora Teams Up With Payworks, The Bank Of East Asia Unveils Payment Hub
August 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money...

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WeChat Tests Blockchain For Automated Employee Expense Management
WeChat Tests Blockchain For Automated Employee Expense Management
August 13, 2018  |  B2B Payments

WeChat, an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said...

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Nokia, T-Mobile $3.5B 5G Deal Promises Payments, Commerce Changes
Nokia, T-Mobile $3.5B 5G Deal Promises Payments, Commerce Changes
July 30, 2018  |  Mobile

T-Mobile has signed a $3.5 billion deal with Finnish firm Nokia, which will provide the U.S.-based carrier with “end-to-end 5G technology” the companies said. The agreement,...

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Grab Opens App Up To Third-Party Developers
Grab Opens App Up To Third-Party Developers
July 10, 2018  |  Mobile Applications

Grab, the Southeast Asian ride-hailing app company, is trying to expand its business — and as a result, it is opening up its platform to developers...

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Nokia And Tencent Team Up For Research On 5G
Nokia And Tencent Team Up For Research On 5G
July 05, 2018  |  Partnerships / Acquisitions

Nokia and Tencent, one of China’s leading providers of internet services, announced Thursday (July 5) that they inked an agreement to carry out joint research...

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Tod’s And Mr. Bags Take Luxury Retail Omnichannel
Tod’s And Mr. Bags Take Luxury Retail Omnichannel
June 27, 2018  |  Retail

Luxury retail has run into a conundrum as digital channels and eCommerce continue to edge out brick-and-mortar shopping venues. Although eCommerce may not be replacing...

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Tencent International Expansion Play: Fill The Tech Gaps
Tencent International Expansion Play: Fill The Tech Gaps
June 22, 2018  |  International

Chinese internet giant Tencent is in no rush to launch its social networking platforms, music and services internationally — unless there is a space in...

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Does A WeChat Boutique Launch Foreshadow eCommerce’s Future?
Does A WeChat Boutique Launch Foreshadow eCommerce’s Future?
June 18, 2018  |  Ecosystems

The launch on Tuesday (June 19) of a new eCommerce option for shoppers seeking makeup, hair care products, fragrances and similar products represents the expansion...

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As Ant Financial Rises, So Does China
As Ant Financial Rises, So Does China
June 08, 2018  |  Markets

Here comes China. Again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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