PayPal users will be able to make cashless payments in China using QR codes through Tencent’s WeChat Pay’s extensive merchant network, the Chinese technology giant based in Shenzhen announced Wednesday, in a move calibrated to attract more foreign tourists. The capability is enabled by a new partnership between TenPay Global, which is Tencent’s cross-border payment platform, and PayPal World — a global platform that connects payments systems and digital wallets. The company said the feature will be available to U.S.-based PayPal users first, with more markets to follow
P3> SHENZHEN |