News

Ant Group's Alipay and Tencent's Weixin Pay embrace China's cross-border payment system

China's two largest mobile payment services, Ant Group's Alipay and Tencent Holdings' Weixin Pay, have adopted a new cross-border payment system designed to facilitate cashless transactions made by ...
TMCnet

Alipay Tap! Users Reach 200 Million, Expands to Over 1,000 Scenarios Beyond Payments

Alipay announced today at the 2025 INCLUSION · Conference on the Bund in Shanghai that its QR code-based contactless payment ...
Crowdfund Insider

China: WeChat and Alipay Payment Codes for Businesses Banned by People’s Bank of China

The People’s Bank of China has banned the use of WeChat and Alipay payment codes for businesses beginning on March 1, 2022, according to reports. WeChat and Alipay are the two most popular digital ...
American Banker

Morning Brief 3.4.20: Alipay's coronavirus 'health code' feeds payment data to police

The Chinese government is already using WeChat and Alipay to track pharmacy purchases as part of its coronavirus-related resource management, and has upped the ante by tying Alipay to a color-coded ...
Crowdfund Insider

China and Indonesia Launch Cross-Border QR Payment Pilot

UnionPay International (UPI) has initiated a new pilot program for cross-border QR code payments between China and Indonesia.
ZDNet

WeChat Pay follows Alipay in allowing foreign visitors to make payments in China

Chinese payments giant WeChat Pay can now be used by foreign visitors to pay for goods and services in China. The Chinese payments giant has partnered with Visa, MasterCard, American Express, Discover ...