Alibaba Adopts WeChat Pay Service on Its Applications
Since Alibaba‘s introduction of UnionPay Mobile QuickPass on its Taobao e-commerce application in August, the service has now been extended to all users, according to reports by various Chinese media outlets. At the same time, Alibaba has further adopted WeChat Pay service on applications including Ele.me, Youku, Damai, Kaola and Shuqi, among others.
Apps such as used goods marketplace Xianyu and grocery-store network Hema Fresh have also applied to access WeChat for payment, and are waiting for the platform’s review.
Not long ago, some netizens reported that Alibaba‘s new community e-commerce brand “Taocaicai” allowed users’ friends on WeChat to pay by scanning a QR code. Taocaicai was established from the merger of Hema Jishi and Taobao Grocery.
At the beginning of September, the Ministry of Industry and Information Technology (MIIT) proposed new standards for instant messaging services such as WeChat. The new proposal requires all platforms to stop blocking access to each other’s websites. Alibaba, Tencent, ByteDance, Baidu, Huawei, Xiaomi, Hello Group, Qihoo 360 Technology, Netease and other companies all attended the meeting. On September 17, Tencent’s popular messaging app WeChat started allowing users to access external links.
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Chinese internet giant Tencent Holdings is working to integrate its QR code system for mobile payments with state-owned China UnionPay. UnionPay Mobile QuickPass will support the recharge service of Q currency, QQ music, Tencent video and WeChat mini programs.
According to the 21st Century Business Herald, Meituan has now introduced the ability for end users to pay using a variety of payment platforms, including those issued by Wechat, Alipay, UnionPay, Apple, Xiaomi, Huawei and Samsung, in addition to their own proprietary payment platform. Pinduoduo is also open to Wechat Pay, Alipay, QQ Wallet, Huabei and other payment platforms.
Although Taobao, Tmall, JD, WeChat restrict which payment platforms users can use to pay for their orders, a head of domestic payment agency said that they would gradually introduce the barcode feature of UnionPay Mobile QuickPass, and establish user data protection mechanism and settlement rules.