Taiwan News
Date: 2016-04-07
By: Central News Agency

Taipei, April 7 (CNA) Taipei 101, the landmark skyscraper in Taipei’s Xinyi District, and E-Da World, one of the largest shopping malls in southern Taiwan, have been working with China’s WeChat on mobile payments, the two shopping centers said Thursday.

Since WeChat, or Weixin as it is known in China, is the flagship mobile social messaging app of Chinese e-commerce operator Tencent Holdings Ltd., the cooperation with the messaging service provider’s payment platform WeChat Payment is expected to attract Chinese tourists visiting Taiwan, the two shopping centers said.

According to Taipei 101 and E-Da World, WeChat has 697 million active users. On the back of such a large customer base, business opportunities through the cooperation with the WeChat Payment platform, which is a peer-to-peer transfer and electronic bill payment system, is expected to be tremendous.     [FULL  STORY]