Tenpay

In the span of three years, WeChat’s mobile wallet has become Alipay’s biggest competitor. Here’s how.

WeChat Pay can now be used within China to pick up all your favorite Apple gadgets online.

China’s WeChat Pay will now be available to overseas vendors who want to cash in on mainland Chinese tourists’ extreme spending habits.

Tencent’s mobile money transfers just got slightly more expensive for power users. Guess who’s not happy about that change?

An example of the Alipay offline payment system with QR codes. The online-to-offline payment sector is heating up with, Alibaba’s Alipay and Tencent’s Tenpay, now available for use as payment

Bitcoin in China has suffered another blow today as three major institutions have effectively banned transactions involving the virtual currency through their services. China Construction Bank and Bank of China,

Mobile commerce, online savings funds, and QR code-based m-payments are all under threat in China right now. The People’s Bank of China (PBoC) clamped down on those areas earlier in

Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both of these behemoth companies occupy many of the same verticals

A user of Alibaba’s Alipay adds their credit card into the ewallet app. (Image: Alipay) Late last week, the People’s Bank of China (PBoC) moved to curb the rapid growth

The People’s Bank of China (PBOC) issued an edict late yesterday that bans two particular things: epayments made via QR codes, and online ‘virtual’ credit cards. The move appears to