Latest News on Wechat Pay
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Wechat Pay - Total results - 7
May 23, 2018
Mobile payment firms are struggling to dethrone cash in Southeast Asia despite boom in e-commerceCash on delivery costs e-commerce businesses more than other payment methods, said Alibaba Group Holding-backed e-retailer Lazada Group.
Nov 21, 2017
Tencent to make Malaysia the first foreign country for rolling out its WeChat ecosystemWeChat Pay and Alibaba’s Alipay, which dominate China’s digital payment market, have sought to expand their global footprint.
Aug 16, 2017
Tencent beats revenue forecasts through mobile game success and WeChat; to boost AI researchTencent Holdings trumped forecasts to post its best-ever quarterly results, driven by higher income from smartphone games, payments and online advertising.
Jul 24, 2017
Malaysia's second largest bank, CIMB forms JV with parent company of Alipay to provide financial servicesDigital payments firms are looking to tap the more than 370 million people without bank accounts that use cash on a day-to-day basis in Southeast Asia to offer lending and other financial services.
Jul 23, 2017
China, the first country to use paper money could be the first one to stop using itAlibaba and Tencent are also taking their technology, and deep pockets, abroad as they target cashed-up Chinese tourists and nascent payment markets in developing countries.
Jul 11, 2017
Tencent Holdings plans to expand WeChat Pay beyond China, applies for a license in MalaysiaTencent has applied for a license in Malaysia for its WeChat Pay, in what would be a first for the platform beyond mainland China and Hong Kong.
Jul 10, 2017
US startup Stripe partners with Alipay and WeChat to enable global payments to its customersStripe has partnered with Alipay and WeChat to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers.