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Alibaba's Taobao and Tmall Group to Accept Tencent's WeChat Pay
Sep 4, 2024, 08:45 AM
In a significant move, Alibaba's e-commerce platforms, including Taobao, will begin accepting Tencent's WeChat Pay as a payment option. This interoperability is currently being rolled out with Taobao platform merchants. Taobao confirms the draft plan to add WeChat Pay, according to a source. Alibaba's decision to integrate WeChat Pay, a direct competitor to its affiliate Jack Ma-founded Ant Group's Alipay, marks a notable shift in China's online payment landscape.
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