Tencent’s WeChat Pay Targets Chinese Outbound Travellers to Boost its Overseas Market

South China Morning Post

WeChat Pay, a mobile payment service operated by China’s second largest internet giant Tencent, will target Chinese travellers in order to expand its overseas market, Grace Yin, director of WeChat Pay’s international operations, told the Rise technology conference in Hong Kong on Tuesday.

“We will first make WeChat Pay available for Chinese customers when they travel outside [China],” Yin said. Chinese consumers are keen on using mobile payment services, dominated by rivals WeChat Pay and Alibaba’s Alipay, for everything from shopping to medical visits.

“We want Chinese customers to enjoy the same services when they go abroad, so the surge in outbound travellers will be the first market WeChat Pay targets,” Yin said.

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