Tuesday, October 27, 2020
Tags WeChat Pay

Tag: WeChat Pay

Tencent Touts Use of WeChat Pay Mini-Programs by Foreign Corporations as Driver of Economic Digitisation

Tech giant Tencent has touted the role of WeChat Pay and mini-programs as drivers of digitisation in the Chinese economy in the...

Tencent’s Fintech Revenues See 30% YoY Leap in Second Quarter of 2020

Tencent's latest quarterly report reports to rising growth in fintech-related revenues despite the ongoing economic impacts of the COVID-19 pandemic.

Tencent’s WeChat Pay Makes Foray into Turkish Market

Chinese tech giant Tencent has just made its payments platform WeChat Pay available for use in Turkey for direct payments by tourists....

Fintech Played Critical Role in China’s Containment of COVID-19: Rich Turrin

Shanghai-based fintech veteran Rich Turrin says that the widespread adoption of digital payments in China has played an instrumental role in the...

Chinese Expats Drive Overseas Expansion of Alipay and WeChat Pay in the West: Interview with Luke Deer

Overseas Chinese communities have emerged as key offshore growth areas for the digital payments services of tech giants Alipay and WeChat. 

Will China’s Central Bank Digital Currency Threaten Alipay and WeChat Pay?

China's plans for the launch of central bank digital currency (CBDC) have created concerns that the position of digital payments giants Alipay...

Tencent Says Libra Could Deal Crushing Blow to Chinese Payments Giants

Chinese internet titan Tencent has expressed concern about the potential for Facebook's proposed Libra cryptocurrency to destroy the dominance of China's incumbent...

Tencent Has Ambitions to Expand WeChat Pay’s US Presence

Chinese internet giant Tencent is intent on expanding the presence of its payments vehicle WeChat Pay in the US market despite escalating Sino-US trade...

WeChat Pay Holds Off on Chinese Wallets for Foreigners, Will Focus on Overseas Expansion

Tencent's social media payments vehicle has announced that it will refrain from providing local payments wallets to foreign customers in China for at least...

Most Read

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...