"It is a basic requirement for the development of the Internet to protect the normal access of legitimate internet links. On September 9, the Ministry of Industry and Information Technology (MIIT) held a meeting, requiring that, from September 17, all platforms in the country must unblock external links. WeChat Pay Hong Kong Drives Mobile Payment Connect to every user and create even greater business value. Every 10 charity stamps will go toward the preparation of a hot meal worth HK12. Chinese information technology conglomerates Alibaba and Tencent own or operate dozens of competing online businesses, and yet, their affiliate mobile. On September 17, WeChat Pay service issued a statement saying that users can access external links in one-to-one chat settings. WeChat Pay HK will convert all charity stamps donated by users into corresponding amount of monetary donations each month, and the Tencent Charity Foundation (Tencent Foundation) will donate the corresponding funds to Food Angel. You can now use the wallet to send WeChat payments to any of your WeChat contacts, though you will need to top up your balance ahead of time because the app.
WeChat Pay has over 800 million monthly active. He said that Alibaba will strengthen cooperation with other platforms, in order to promote the interconnectivity among their applications.Īt the same time, Tencent has also opened its system to Alibaba. Tencent-owned WeChat, China's largest messaging app and one of the country's biggest payment services, will begin supporting the digital yuan. "Removing external link barriers (among different Apps) can reduce operating costs for merchants, and bring convenience to the customers," said Zhang Yong, Alibaba's CEO, during a teleconference on August 3. UnionPay’s QuickPass is accepted at 25 million. It is widely used by Chinese shoppers internationally as well as domestically. UnionPay is the world’s biggest card network with more than 9 billion cards issued. A number of Alibaba's digital applications, including Eleme and Youku, now support Tencent's Wechat payment, as Chinese regulators have stepped up its scrutiny of online platforms' monopolistic practices to reinvigorate competition.Īnd, Taobao, Alibaba's powerful e-commerce platform, is supporting UnionPay Cloud Payment from August 1.Īlibaba confirmed that its applications now support WeChat payment. Tencent announced Thursday that WeChat Pay is accessible by Cloud QuickPass, the mobile payment service of state-backed UnionPay.
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