28-Feb-18, Xinhua Net

China's mobile payment apps are expanding their reaches in the global market as Internet giants such as Alibaba and Tencent seek to promote their e-payment tools overseas.

WeChat Pay and AliPay expand worldwide (c) China Plus

Image: China Plus

Tencent's Wechat Pay has been used in 20 countries and regions including Japan and Korea, while Alipay offers payment options for shopping, transport and sightseeing in 38 countries and regions.

Wechat can process transactions in 13 currencies, while Alipay supports settlements in 27 currencies.

Consumers in altogether 24 countries can get their tax refunds through Alipay, and the app is available in more than 60 overseas airports to offer various services.

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 Financial Services insights 

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