Tencent has launched TenPay Global Checkout, a new payment solution for Weixin Mini Program merchants operating internationally, allowing them to accept a range of local payment methods.
With a single integration, overseas merchants can support multiple payment options, including digital wallets, local real-time payment networks, and credit and debit cards.
Users outside mainland China can pay within the app using familiar local methods.
The rollout begins in Singapore and Macau, where merchants can now accept credit and debit cards, PayNow, and BOCPAY(MO) via TenPay Global Checkout on the Weixin Official Accounts Platform.
Expansion to additional markets, including Japan, Australia, and New Zealand, is planned.
Mini Programs are lightweight applications within Weixin that allow users to shop, pay, and access services without downloading additional apps.
There are over 1 million monthly active users of Weixin Mini Programs in markets such as Singapore, Japan, Australia, and New Zealand, with services available across 92 countries and regions.
“By enabling overseas Weixin Mini Program merchants to accept trusted and diversified local payment methods through one unified solution, users benefit from a more convenient and efficient payment experience. This helps merchants improve payment conversion rates, expand their user base, and scale their businesses to serve a broader range of customers,”
said Wenhui Yang, CEO of TenPay Global (Singapore).
TenPay Global said it remains committed to building secure, user-centric payment experiences that support merchants’ growth and allow consumers to transact confidently worldwide.
Featured image credit: Edited by Fintech News Hong Kong, based on image by freepik
This article first appeared on Fintech News Singapore