FYI

WeChat launches mobile payment service in Hong Kong

Messenger app WeChat has launched a mobile payment service in Hong Kong.

The announcement:

February 1, 2016, Hong Kong – WeChat today launches WeChat Pay in Hong Kong to make mobile payment easier for all users. Wallet, the latest feature of WeChat Pay, gives Hong Kong WeChat users access to a new dimension of mobile payments through connectivity. With Wallet, users have the ability to pay for products and services without ever having to exit the WeChat app. Wherever WeChat users go, Wallet follows, making payment more convenient than ever before.

“We are so excited to bring WeChat Pay, a new mobile experience that allows users to pay on the go in the simplest way, to Hong Kong,” said Norman Tam, Head of Hong Kong and Taiwan Office, International Business Group, Tencent. “Customized for Hong Kong users, WeChat Pay provides a seamless and secure payment experience to users while providing our partners with the benefit of a direct connection to WeChat’s massive community that other payment platforms cannot provide. This is truly a triple-win for us all.”

To use Wallet, users need to connect their credit cards (MasterCard or Visa are currently accepted) with their WeChat Pay accounts. For added security, users will be prompted to create a six digit pincode that they must input before any payment is completed on WeChat.

Once the simple set up is complete, users can immediately begin to buy products and services with just a few taps on their smartphones. Today, users can purchase tickets, transportation services and travel products directly via Wallet, with more products and service categories available soon.

In addition to the ease of payment, WeChat users can take advantage of partnerships with local merchants that provide exclusive promotions and campaigns on WeChat including discounted tickets of local theme park and sightseeing spots.

Source: press release

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