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Wirecard opens European POS to Chinese travellers with Tencent deal

Wirecard

Wirecard and Tencent are working together to give European retailers access to more than 938 million active WeChat and Weixin users by enabling QR code payments at the POS, reports Paybefore (Banking Technology‘s sister publication). The mobile payment solution, WeChat Pay, has more than 600 million active users, which is equivalent to nearly 40% of […]

The Monday mindset: 8 May 2017

SBI to launch digital-only bank in India

Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Soumik Roy asks – will Paytm become India’s WeChat? Ever since demonetisation, electronic payments in India have been all the rage. In […]

WeChat wants to grow payments in Europe and US

WeChat eyes Europe and US

WeChat is on the move again. The China-based social messaging and mobile wallet platform plans to expand its presence in Europe and the US, efforts that could bring it better relationships with advertisers, brands and payment providers.

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