WeChat Pay

El gobierno chino ha intensificado la vigilancia sobre la omnipresente división de pagos móviles de Tencent, y Phoenix News informa de que las autoridades sopesan la posibilidad de exigir a la empresa que WeChat Pay forme parte de un nuevo…

The Chinese government stepped up scrutiny of Tencent’s ubiquitous mobile payment unit, with Phoenix News reporting authorities are mulling requiring the internet giant to make WeChat Pay part of a new financial holding company and secure a separate payment licence.

E-commerce giant Alibaba Group reportedly added WeChat Pay as a remittance option in an effort to alleviate pressure from Chinese authorities related to its market dominance.

Alibaba Group, gigante chino del comercio electrónico, ha incluido WeChat Pay como opción de pago, en un intento de aliviar la presión de las autoridades chinas contra su posición de dominio en el mercado.

WeChat Pay, the most popular mobile payment service in China, posted continued gains in 2019, with the value of retail transactions surging and users making an average of 5. 8 purchases per month, China Daily reported.

US-based Citcon, which provides retail platforms enabling payments to be made using major Chinese mobile wallets, set out plans to expand into the European market.

Nepal slapped a ban on the use of Chinese mobile payment platforms WeChat Pay and Alipay as they had not acquired a licence to operate from the country’s central bank, Reuters reported.