#WECHAT PAY ALIPAY SIX MORE CHINESE HOW TO#
#WECHAT PAY ALIPAY SIX MORE CHINESE INSTALL#
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#WECHAT PAY ALIPAY SIX MORE CHINESE INSTALL#

If you install WeChat outside of China, you might find that the electronic wallet service is not active since, in fact, you’re located abroad. Once installed, you can set up your digital wallet with WeChat Pay.

#WECHAT PAY ALIPAY SIX MORE CHINESE DOWNLOAD#

Since the electronic wallet service is completely run by WeChat, all you need to do is download the App from any online store and install it on your smartphone. Initial settings Initial settings: WeChat Today, Alipay supports monetary transactions in 18 different currencies and keeps expanding internationally. Like the latter, Alipay offers its users numerous services tied to online transactions. This mobile App also allows its users to make completely safe online transactions and is one of the most used forms of payment in China along with WeChat Pay. However it seems that outside of China the payment operations with WeChat are only available for Chinese citizens who have a valid document of Chinese identification.Īlipay is an online payment platform launched in China by the group Alibaba and its famous founder Jack Ma in 2004. WeChat is a communication service developed by the Chinese company Tencent (Tengxun 腾讯), whose first version was distributed in January 2011 and today counts about a billion active users.īesides being an excellent instant messaging App, WeChat is known throughout the world for its electronic wallet service called WeChat Pay or WeChat Wallet, which allows users to make secure transactions online, to transfer money after connecting your bank account to the App and lots more.Īt the moment, WeChat Pay’s electronic wallet is available in 25 countries throughout the world, including United States, Canada, United Kingdom, Hong Kong, South Africa and Malaysia.

#WECHAT PAY ALIPAY SIX MORE CHINESE HOW TO#

In this guide I will show you the characteristics of payments made through WeChat and Alipay in particular, we’ll see how to choose the initial settings, what are the ways to make payments, how to send and receive money, how the famous hongbao (红包 or “red envelopes”) work, and how it’s possible to use these Apps with foreign credit cards (not issued by Chinese banks).

The convenience of the revolution brought about by these applications allows users to make less cash or credit/debit card payments, and as a result accelerate the buying process in a totally safe and quick way. These include the most widespread method of payment in China for any type of commercial activity: restaurants, taxis, supermarkets, cinemas, shopping, waimai (home food delivery), trains, planes, hotel, bike rentals, bills, telephone recharging, etc. In this context, China has already for many years offered its citizens and others the chance to witness and be protagonists in an actual payment revolution thanks to mobile apps like WeChat (Weixin 微信) and Alipay (Zhifubao 支付宝). Technology today offers users numerous advantages and conveniences that make our daily life simpler and saves us precious time.

Can foreigners use WeChat Pay and Alipay?.

Sending red envelopes (hongbao 红包) with Alipay.

Sending red envelopes (hongbao 红包) with WeChat.

Receiving and sending money with Alipay.

Receiving and sending money with WeChat.

This shows the increasing acceptance of cashless payment in people’s daily lives. In addition, both payment forms have the highest percentage of usage among the mass market. Survey results have also shown that younger people tend to carry less cash than older people.Īccording to RFi Group data, people within the age range of 18 to 24 years old shows the highest usage of Alipay and Wechat. Mobile payments have becoming increasingly popular among the Chinese with 14% of the population going cashless daily. Data from a Beijing based research agency shows that Alipay overtook WeChat in terms of market share in the first quarter of 2017 by nearly 15%. Meanwhile, Tencent’s WeChat is offering its own promotions to attract users such as accumulation of cash rebates and red packages.Ĭompetition between the two players have been fierce.

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Alibaba’s Alipay is offering incentives like cash rebates, chance to own shares in gold jointly with other users and free bus rides in certain cities. Alibaba and Tencent, China’s two largest mobile payment providers, are competing against each other to attract users to use their mobile payment platforms.

Wechat pay alipay six more chinese