WeChat Pay

WeChat Pay is a digital wallet connected to the eponymous Chinese superapp. In recent years it has quickly become a vital payment method for businesses wanting to reach Chinese shoppers, both home and abroad. WeChat has evolved into an ecosystem that allows Chinese shoppers to chat, browse, and make payments, all in one place - making shopping as easy as chatting to your friends.

WeChat (known as **Weixin **in Chinese) is a Chinese multipurpose messaging and social media app. It was established in 2011 by the Chinese tech company Tencent, and today it is estimated to have over 1.3 billion monthly active users.

It is often labelled ' the everything app ' or a ' super app ' because of its range of functions and services accessible. It enables users to make payments (see below), shop, book appointments, hail rides, and much more, without leaving the app.

All of this is done within the app itself and is achieved through the use of mini-programs that function almost like websites or 'sub-applications'.

WeChat is an essential tool for personal communication and digital commerce in China. And it is used by millions of Chinese expats abroad, too.

WeChat Pay is a mobile payment and digital wallet feature that was first integrated into WeChat in 2013. It enables users to make mobile payments or move funds to complete online transactions quickly and efficiently.

WeChat Pay is China's most commonly used digital payment option. As of 2023, it boasts of 1.133 billion active users. This figure is projected to increase to 1.318 billion in 2025.

China's largest internet company, Tencent offers a number of web and mobile products across social networking, communications, media, games, finance, and so on. WeChat, owned by Tencent, is China’s leading mobile app with over 1 billion monthly active users.

WeChat is a leading lifestyle “super app” used for messaging between people, as well as connecting people, services, and businesses in China and around the world through a number of e-commerce and social features inside the app. WeChat Pay, the payment wallet inside the WeChat app, has over 800 million users.

Chinese consumers can use WeChat Pay to pay for goods and services inside of businesses’ apps and websites. WeChat Pay users buy most frequently in gaming, e-commerce, travel, online education and food/nutrition.