By X Social Group posted June 19, 2016

#xsocialgroup #social #wechatpay #mobilepayment #socialcommerce

WeChat Pay opens up access to international customers, allowing users to bind overseas credit card to the platform. Expats living in China and residents of Hong Kong, Macau, and Taiwan can now bind and activate WeChat Pay accounts with credit card services provided by MasterCard, Visa, and JCB. This is the first time users are able to use WeChat Pay without having a Chinese bank account or credit card, a strong indication that WeChat Pay will go international soon. With existing global retail and processing partnerships, and improved network relationships, it looks like the wallet is ready to make moves globally, which could shake up the global payment ecosystem and rattle existing mobile players.

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Source: Business Insider

By X Social Group posted January 26, 2018