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WeChat Pay, Alipay chase HK mobile wallet share

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 Insights

08-Mar-18 Mobile payments are far less common in Hong Kong than in China, but Hong Kong is catching up. WeChat Pay claimed a 44% increase in users in Feb-18 alone, following promotions including red packets for registered users. [image: iStock / Asia Times]

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WeChat Pay and AliPay expand worldwide

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 Insights

28-Feb-18 China's mobile payment apps are expanding their global presence. Wechat processes transactions in 13 currencies and Alipay supports 27 currencies; consumers in 24 countries recieve tax refunds through Alipay; and Alibaba has partnered with India's PayTM since 2015. [image: China Plus]

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