WeChat Pay to launch ser­vice in Italy

China Daily European Weekly - - BUSINESS -

China’s mobile pay­ment plat­form WeChat Pay will work in Italy for the first time, the com­pany an­nounced on Jan 22. WeChat Pay is the pay­ment arm of WeChat, the in­stant-mes­sag­ing app op­er­ated by Ten­cent. The an­nounce­ment, which fol­lows a deal with Do­como Dig­i­tal, a dig­i­tal pay­ment so­lu­tions provider, is the lat­est salvo by WeChat Pay in its com­pe­ti­tion with its largest ri­val, China’s Ali­pay, for the bur­geon­ing mar­ket cre­ated by Chinese tourists vis­it­ing Europe.

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