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...

To continue reading this article you need to be registered with Campaign. Registration is free and only takes a minute. Register Now or sign in below if you already have an account.

Existing users sign in here

Forgotten Password?

Having trouble signing in?

Contact Customer Support at
cs@haymarket.asia
or call+852 2122 5227

Membership

Why Subscribe?

  • Campaign Asia-Pacific online premium content* including in-depth monthly focus on key trends and industry issues
  • Unlimited website access*, and an archive of more than 70,000 articles
  • Regular value-added supplements including brand health checks, sector studies, ad critiques and research charts
  • Daily newsletters and breaking story alerts straight to your inbox
  • New weekly feature articles on the latest research, innovation and marketing trends
  • Be the first to hear about industry events

or call +852 2122 5227
or email subscriptions@campaignasia.com

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

Premium
Crazy rich Asia (or at least richer)
Premium
2 days ago

Crazy rich Asia (or at least richer)

Perhaps the biggest change to happen globally over the past 50 years has been the colossal growth in the economic prosperity of Asia.

Premium
What “going tapeless” means for Japanese advertising
Premium
CWT announces key hires in ANZ
Premium
2 days ago

CWT announces key hires in ANZ

Michelle Sargent is named as the director and commercial leader of the meeting and events division.

Premium
60% in China say brands rarely live up to promises
Premium
2 days ago

60% in China say brands rarely live up to promises

TOP OF THE CHARTS: Consumers in China care more about how brands behave than the global average, and also feel more disappointed, according to research from Jack Morton.