Jenny Chan 陳詠欣
Jul 11, 2018

Overseas consumers will not be a priority for WeChat Pay

It will not be possible for foreigners, except in Hong Kong and Malaysia, to use WeChat Pay local-currency wallets in the near term, as the payment brand is prioritising Chinese outbound tourists.

WeChat Pay now supports transactions in 13 different currencies GBP, HKD, USD, JPY, CAD, AUD, EUR, NZD, KRW, THB, SGD, RUB, MYR and 40 regions for 800 million users, said Grace Yin, director of WeChat Pay, at the RISE technology conference in Hong Kong yesterday, but only two markets will have local-currency wallets Malaysian ringgit and Hong Kong dollars.

The...

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