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

Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
July 31, 2020  |  News

In today’s top news, Affirm is eyeing an IPO that could reach $10 billion, and Alipay and WeChat face an antitrust probe by China’s antitrust...

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Tencent’s WeChat Minishop Enables Merchants To Create Virtual Stores
Tencent’s WeChat Minishop Enables Merchants To Create Virtual Stores
July 16, 2020  |  eCommerce

Tencent Holdings Ltd., the Chinese technology company, has launched tools to assist merchants with building virtual stores on its WeChat messaging service, CNBC reported. The...

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Tencent’s Revenues Up 25 Pct As Consumers Use Digital Services
Tencent’s Revenues Up 25 Pct As Consumers Use Digital Services
March 18, 2020  |  Earnings

Thanks to the coronavirus, we’ve now entered the age of social distancing, where interactions will, at least for now, be done through zeros and ones....

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FedEx, UPS Warn Of Delivery Delays, JPMorgan Tests Virus Contingency Plan
FedEx, UPS Warn Of Delivery Delays, JPMorgan Tests Virus Contingency Plan
March 03, 2020  |  International

The coronavirus could have wide-reaching effects on technology, air travel and the economy as a whole, while some areas, such as product development, may not...

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An Automated, AI Fix For Law Firms’ Paper Check Rut
An Automated, AI Fix For Law Firms’ Paper Check Rut
December 18, 2019  |  Disbursements

Checks are continuing their fall from grace, but instant payments still have not risen to take the disbursements crown quite yet. The two payment methods...

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Connected Vehicles Steer Retail To New Innovations
Connected Vehicles Steer Retail To New Innovations
October 28, 2019  |  Retail

As a new decade approaches, retail is driving hard toward its future thanks to connected vehicles. And big players in commerce and payments are racing...

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WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
October 23, 2019  |  Payment Methods

Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on Wednesday (Oct. 23)....

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Top News In Payments: Alipay Says ‘No’ To Crypto, Shopify Rolls Out Experts Marketplace
Top News In Payments: Alipay Says ‘No’ To Crypto, Shopify Rolls Out Experts Marketplace
October 11, 2019  |  News

Today in the payments news roundup, Alipay says it will ban bitcoin and digital currency-related transactions. Also, Shopify has rolled out a gig marketplace focused...

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Alipay Bans Crypto Transactions
Alipay Bans Crypto Transactions
October 11, 2019  |  Cryptocurrency

Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange Binance tweeted that...

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