WeChat Pay
WeChat Pay is a digital wallet service incorporated into WeChat, which allows users to perform mobile payments and send money between contacts.
WeChat Pay is a digital wallet service incorporated into WeChat, which allows users to perform mobile payments and send money between contacts.
There has never been a better time to add Alipay and WeChat Pay to your payments portfolio, if you haven't already. WeChat Pay is a Chinese multi-purpose messaging, social media and mobile payment app. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion.
Every WeChat user has their own WeChat Payment account by default. Users can acquire a balance by linking their WeChat account to their debit card, or by receiving money from other users. WeChat Pay can be used for digital payments, as well as payments from participating vendors. As of July 2018, WeChat Pay had over 800 million users.