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    WeChat Pay

    News about WeChat Pay.

    Apple Pay struggles in China in the face of tough competition

    March 27th, 2017

    Apple Pay is “struggling” in China due in part to a minority smartphone market share and consumers being “far more accustomed” to competing services such as Alipay and Tencent’s WeChat Pay. “I don’t think Apple Pay can achieve the same market share as Alipay or WeChat Pay in the foreseeable future,” Morningstar Investment Service analyst Marie Sun told Bloomberg. “Personally, I don’t see any benefits to switching myself.” Apple Pay launched in China in February 2016.

    Starbucks to add gift cards to iMessage as Mobile Order & Pay grows

    March 24th, 2017

    Starbucks customers across the US will soon be able to purchase gift cards using Apple Pay and send them to friends and family within Apple’s iMessage platform. The move comes as the coffee giant reveals it now has approximately nine million mobile paying customers with one in three using Mobile Order & Pay, which accounted for 8% of all transactions made across US stores last month. More

    Starbucks customers get voice ordering as mobile orders and payments continue to grow

    January 31st, 2017

    US consumers can now place orders from coffee giant Starbucks by speaking into the Starbucks iOS mobile app or to Amazon’s virtual assistant Alexa. The move comes as the company reveals that mobile orders made up 7% of all its US transactions in the last quarter, with mobile payments now accounting for 27%. More

    Starbucks in China to accept WeChat Pay mobile payments

    December 12th, 2016

    Customers at about 2,500 Starbucks locations across mainland China can now make mobile payments using Chinese internet giant Tencent’s WeChat Pay mobile payments platform by scanning a QR code at the point of sale. The… More

    Tencent to ramp up WeChat Pay in Japan

    June 7th, 2016

    Chinese internet giant Tencent is working to roll out its WeChat Pay mobile payment service to 10,000 Japanese stores by the end of 2016. “WeChat Pay, linked to the popular WeChat messaging app, lets its more than 300m users pay via smartphone at 300,000-plus locations in China,” Nikkei reports. “Only a few Japanese stores have adopted it so far. The plan is to have 20,000 stores in Japan accept WeChat Pay as soon as possible.”

    WeChat Pay now available to overseas merchants

    February 26th, 2016

    Chinese internet giant Tencent has made its WeChat Pay platform available to overseas vendors so they can serve Chinese consumers when they travel abroad. “WeChat Pay is an in-app payment feature to allow all WeChat users to pay transactions quickly on their mobile phones,” Tencent says. “WeChat can handle all the ways your users want to pay, whether it is via Quick Pay, QR code, in-app, web-based or native in-app payments.”