Tag: Tencent

QR codes offer Tencent a fresh opportunity in Southeast Asia

Stephanie Beck
QR Codes - Payments - Southeast Asia Map

The quick response barcodes offer a new way for the Chinese company to expand in mobile payments. Tencent is looking to QR codes as a strong opportunity to expand its mobile payments system throughout more of Southeast Asia, using its WeChat Pay. The Chinese giant’s digital wallet is already ubiquitous domestically Tencent spoke at the edge of the Money 20/20 conference this year on the subject of technology in Asia.  There, a company exec said that by linking QR code mobile payment systems cross-border, WeChat Pay – called Weixin Pay…

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Canadian government bans WeChat Chinese app from its devices

Stephanie Beck
Chinese app ban - Image of Canadian federal government building

The country officially announced that the application is banned on all government gadgets. Canada’s federal government has announced that it is banning the popular Chinese app WeChat from all its devices. WeChat, often nicknamed the “everything app”, is like a combination of many other popular applications. The Chinese app is somewhat like a combination of Facebook, WhatsApp, Amazon and Tinder, all in one place. That said, there are some substantial concerns about the application among Western governments. Mainly, this has to do with the potential for the application to be…

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China UnionPay and Tencent to use integrated QR codes for mobile payment ease

Stephanie Beck
Integrated QR Codes - Quick response code on mobile phone

The goal of this move is to streamline the transaction experience for consumers and merchants. China UnionPay and Tencent have announced that they will be using integrated QR codes for a smoother checkout experience while using mobile payments. This move could greatly benefit UnionPay in catching up with the market leaders. Bringing together the quick response codes may help UnionPay to take a firmer place into the market in the country. UnionPay is a network top lenders created together. That said, it has not been able to gain nearly as…

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Alipay app for tourists: foreign visitors in China can now use popular mobile payments

Amanda Giasson
Alipay app for tourists - Shanghai

Alipay and WeChat pay are widely used in China and now travelers to the country can use them, too. Taking a trip to mainland China? You might be glad to know that there is a WeChat pay and Alipay app for tourists now available. Alibaba and WeChat announced that travelers to the country will be able to link their international cards to their payment apps. This move will make it more convenient for tourists to buy goods in China. Prior to the roll out of these mobile payment options for…

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Unique WeChat QR codes give business clients a way to access more customer data

Stephanie Beck
WeChat QR Codes - Produce with QR codes

Tencent wants to focus more on its business clients than its users. A unique kind of WeChat QR codes are being rolled out as part of a new service that gives business clients the chance to use these codes on every single one of their products. This will allow Tencent’s business clients access to more data on each of their customers. The service will provide companies with better tracking data. The WeChat QR codes are part of Tencent’s latest move to focus on business clients, rather than its users. The…

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