Tencent’s WeChat Pay says transactions jump during ‘golden week’ after China’s stimulus bazooka

Tencent’s WeChat Pay says transactions jump during ‘golden week’ after China’s stimulus bazooka

Tencent Holdings’ WeChat Pay, one of China’s dominant digital payment platforms, saw a jump in transactions during the “golden week” national holiday, as consumer spending shows signs of recovery after Beijing rolled out its biggest stimulus package since the pandemic. Known as Weixin Pay on the mainland, the digital wallet recorded a 20 per cent … Read more