What's New in Payments

Tencent launches WeChat mobile wallet in South Africa

WeChat

Chinese ecommerce giant Tencent has launched a mobile wallet service in South Africa in partnership with Standard Bank. The service lets users of social messaging app WeChat make P2P transfers, pay for services such as airtime, data and electricity and make in-store payments by scanning QR codes at merchants supporting the SnapScan mobile payments platform. More




What's New in Payments

WeChat offers payments in stores

Tencent’s instant messaging app WeChat can now be used to make payments in the retail stores of nine Chinese merchants including DQ Ice Queen, NUS Pharmacy, Rainbow, One Plus One, Lotus, Good Neighbours, Baby Room, Minsheng Department Store and NUS 365, according to Iamwire... More


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