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Aya Lin · · 1 min readIn brief: WeChat Pay pilots credit-scoring system
Tencent has started testing a credit-scoring feature for WeChat Pay in numerous cities around China. The feature, reportedly called WeChat Pay Points, factors in spending behavior and personal connections to determine a user’s rating. Teased at the WeChat Open Class Pro event, the system is reminiscent of Alibaba-affiliate Ant Financial’s Sesame Credit, which rates users on a scale of 350 to 950.
Source: TechNode
Editing by Charmaine de Lazo
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