Tag Archives: wechatpay
Stolen Apple IDs reportedly used for mobile payment theft in China
Users of two major mobile payment services in China -- Alipay and WeChat Pay -- have reported unauthorized Apple App Store spending in recent days, with some losing nearly $300 through fraudulent transactions. The companies say that stolen Apple IDs...
China will cap QR-code payments to tackle fraud
China's central bank is issuing regulations over QR-code-based payments. Paying for things by scanning a barcode with the Alibaba or WeChat app is more common than using cash in the region and now the government wants to keep closer tabs on where the...
China’s most popular mobile payment app comes to London
Walk around Camden Market this weekend and you'll notice that many of the stalls now support WeChat Pay. The mobile payment platform — an extension of Tencent's messaging app WeChat — is big in China but almost unheard of in the UK (at le...