Tencent opens WeChat Pay to HK residents

Tencent yesterday said it has expanded its user base to Hong Kong residents, who now will not need to have a Chinese bank account or credit card to take advantage of the Mainland’s popular cashless payment system. With the announcement, Hong Kong residents can now bind and activate their WeChat Pay accounts with any international …

China’s WeChat Pay Comes To Italian Merchants

Chinese messaging company WeChat recently announced it has launched WeChat Pay, its digital payment service, in Italy. According to a Monday (Jan. 22) report in, WeChat inked a deal with Digital Retex, which helps retailers integrate with WeChat services, and Docomo Digital, the European unit of digital payment company NTT Docomo, to enable Chinese tourists to make …

#Asia #China WeChat Pay’s global expansion “going well”: Q&A with Grace Yin, Director of WeChat Pay Cross-border Operation

#Asia #China WeChat Pay’s global expansion “going well”: Q&A with Grace Yin, Director of WeChat Pay Cross-border Operation // While Tencent’s WeChat has over 980 million monthly active users—mostly Chinese-speaking— around the world, the Chinese messaging app still stranger to many other countries outside of Middle Kingdom. Tencent now surpasses Facebook in valuation. According to Chinaccelerator’s managing …