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在线翻译:
szdaily -> Shenzhen -> 
Tencent removes payment barriers for global visitors with new PayPal link 
    2026-05-29  08:53    Shenzhen Daily

U.S. users of PayPal can now make purchases across China using the QR-code merchant network of WeChat Pay, according to an announcement made by Tencent Financial Technology on Wednesday.

The company said the service will initially be available for U.S. PayPal users and will later be rolled out in phases to PayPal users in other markets.

The capability will be enabled by the partnership between TenPay Global, which is the cross-border payment platform of Shenzhen-based Tencent, and PayPal World, which is a global platform that connects payments systems and digital wallets, Tencent said.

The integration is expected to allow PayPal users to make payments through WeChat Pay’s extensive QR-code merchant network in China.

The move marks a significant step in cross-border digital payments as China continues to expand payment access for overseas visitors and international consumers.

Tencent is also introducing incentives aimed at encouraging the use of foreign bank cards linked to WeChat Pay. These incentives include temporary fee waivers that will remain in place through 2026.

Tencent said it will further expand language support and on-the-ground assistance for international users in Shenzhen ahead of the APEC meeting scheduled for November.

China’s digital payments industry is primarily dominated by Ant Group’s Alipay and Tencent’s WeChat Pay.

The two platforms support a wide range of daily transactions across retail, transportation, and services in what is considered the world’s largest mobile payments market.

WeChat itself has evolved into a broader “super app” ecosystem developed by Tencent.

The platform combines messaging, social networking, and digital payments into a single application and has more than 1.3 billion active users.

In addition to payments, WeChat provides messaging, voice notes, and video calling features, along with built-in real-time text translation tools widely used by international users.

The app also includes “Mini Programs,” which allow users to access services such as shopping, ride booking, and gaming without downloading separate applications.

PayPal operates as a digital wallet and online payments platform that allows users to send and receive money without directly sharing banking or card information with merchants.

The platform enables users to connect bank accounts or credit cards to make purchases, transfer funds, and manage international business transactions. (SD News)

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