Alipay and WeChat Pay could be affected by PBOC’s QR code standards · TechNode

China’s central bank, the People’s Bank of China, has announced plans to regulate the country’s QR code payment system to tackle risks and its limited competition. The bank issued a trial notice on the issuance of barcode payment services and two accompanying sets of provisional guidelines for code security and payment terminal specifications. All three …

WeChat Pay welcomes the Christmas shopping season with special offers worldwide

With an ever increasing number of Chinese outbound tourists who see shopping as a key part of the travel experience, more and more merchants worldwide proactively reach out to add WeChat Pay to their list of payment options, with the aim of providing mainland Chinese visitors with a convenient and smart shopping experience as well …