WeChat Pay is a payment system from China that is operated by Tencent. WeChat was originally a communication app in a similar vein to WhatsApp. The app was repeatedly extended over time to include more tools. In 2015, a payment system comparable with Google Pay or Apple Pay was then added. Thanks to the WeChat social platform, WeChat Pay has a huge user base with more than a billion chat users. Around 600 million of these already use WeChat Pay. This payment method is therefore rec-ommended for retailers with Chinese customers.
WeChat Pay ranks among the most popular payment systems in the People's Republic of China.
WeChat has a user base with more than a billion people, all of whom are potential WeChat Pay shop-pers.
Being able to use their domestic payment method is an important buying incentive for Chinese shoppers, both online and when travelling.