Displaying items by tag: WeChat Pay

Chinese online pay services WeChat Pay and Alipay can now be used by tourists, with Tencent Holdings and Ant group facilitating the use by foreigners who visit China.

The volume of digital domestic money transfer payments will exceed 300 billion for the first time in by 2026, a huge increase from 207 billion in 2022 accounting for 50% growth, according to a study by Juniper Research.

Global Mobile Points of Sale (mPOS) transaction values will exceed US$1.9 trillion by 2024, up from $850 billion in 2019, according to a new report from Juniper Reseach.

International tourists to mainland China will be able to use a version of the Alipay app to make cashless payments from their phones, a report says. Alipay is owned by Ant Financial, an affiliate of retail giant Alibaba.

Worldwide mobile money transfer volumes will exceed 203 billion in 2024, up from 130 billion in 2019, according to new research which reveals that country domestic transfers are being driven by increasingly easy mobile payment systems.

Online payments provider Stripe has opened its platform to allow Australian businesses, and businesses worldwide, to accept payments from Chinese consumers who use mobile payment platforms Alipay and WeChat Pay.