Alibaba's Taobao and Tmall accept WeChat Pay, merging online payment services in China.

Alibaba's e-commerce platforms, Taobao and Tmall, will start accepting Tencent's WeChat Pay, marking a significant shift in the competitive landscape of China's online payment market. This collaboration allows consumers to use WeChat Pay alongside Alipay, Alibaba's affiliated payment service. The move aligns with the Chinese government's push for tech companies to reduce barriers between their services, as WeChat Pay and Alipay dominate the mobile payment sector.

September 04, 2024
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