![]() The term super app has been used to describe a variety of companies e.g. Nevertheless, WeChat service is just about the prevalent app in China. Tourism contributes positively to the balance of payments. According to many Chinese users, it is way ahead of anything people use somewhere else in the world. With WeChat’s international development plans in scraps, the app is now stretching out every last ambiance in the Chinese market. Tencent’s popular social network QQ, which propelled back in 1999 as an advancement of ICQ, provides a good pointer of how much more essence WeChat has left. QQ now has 899 million MAUs, Tencent revealed. STEP 3: JOIN YOUR CHINA BANK ACCOUNT TO YOUR WECHAT PAY/ALIPAY. WeChat Pay has grown extremely rapidly in the past two years. It inches up quite gradually after trouncing a highland ages ago. WeChat Pay offers over 800M active users to central bank. Download the apps on your phone, launch it, and you will be prompted to enter your bank details and other personal information. ![]() As per a local news article, Tencent announced on Jan. 6, 2021, that it will start taking digital yuan payments through its mobile wallet WeChat Pay. ![]() Since 2014, China has been working on a digital yuan, but it has yet to be adopted statewide. ![]() 300+ million Chinese have their bank cards linked with WeChat. WeChat pay is taken in stores all across in China. In particular, peer to peer micro-payments became extremely popular on WeChat in 2015. Chinese consumers are now comfortable using WeChat for payments. If WeChat does really pursue the same path, we can assume it to witness an edge of 900 million MAUs and then grow weary. ![]()
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