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WeChat Pay

WeChat Pay starts supporting cards issued outside China

WeChat Pay has started allowing cards issued outside of China to be loaded into their platform, opening up access to international customers. The option will be available to expatriates living in China, as well as in “Greater China”, to residents from Hong Kong, Macau, and Taiwan, and will apply to cards issued by JCB, Mastercard and…

Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner

Following Tencent’s recent success in securing E-Money license from Bank Negara Malaysia, the company’s payments arm WeChat Pay has received the green light from Bank Negara Malaysia to partner up with Hong Leong Bank. Similar to Alipay’s game plan, WeChat Pay will also be initially focused on Chinese tourists visiting Malaysia to gain traction and…

Tencent’s WeChat Pay plans to offer payment services in Malaysia

Tencent has applied for a license in Malaysia to offer local payment services via its WeChat Pay, reports Reuters.   If approved, users in Malaysia will be able to link their local bank accounts to WeChat Pay and pay for goods and services in ringgit.   WeChat Pay and Alibaba Group’s affiliate Alipay are turning China cashless…