WeChat Pay

Fintech & Ecommerce

BNPL Users to Top 670 Million Globally by 2028

The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.

Articles

WeChat Palm Payments in a Nutshell

Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.

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WeChat Adds CBDC to Payment Platform

China’s major social networking and payment app WeChat has followed Alipay in adding support for payments using the digital yuan – the country’s central bank digital currency (CBDC)

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Tencent Expands to Singapore to Facilitate Payments and Services for Chinese Tourists

Chinese tech giant Tencent expands its presence in Singapore with WeChat/Weixin Pay as Covid-19 travel restrictions are lifted

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Norway, Finland and New Zealand are closest to becoming cashless

A rapid transition to cashless societies in these three countries is enabled by the increased popularity of digital wallets

Fintech & Ecommerce

Digital Domestic Money Transfers to Surpass 300 Billion Globally by 2026

A new study revealed that the volume of digital domestic money transfer transactions will exceed 300 billion globally in 2026

News

Not Apple Pay: Juniper Research ranked a leading digital wallets provider

Juniper Research has found that the value of digital wallets transactions will exceed $12 trillion in 2026, up from $7.5 trillion in 2022. It predicts that major digital payment vendors will diversify their payment products to include new solutions, such as BNPL and cryptocurrencies. The new research unveiled that rising merchant acceptance of digital wallets […]

Articles

Super-app: what is it?

Now, we all know what an app is. But have you heard of a super-app? What are they and what superpowers do they have? Let’s try to find out

Articles

Alternative to banks: 5 mobile wallets for developing countries

Mobile wallets help to convert cash into digital money without depending on banks