Alibaba merchants hail adoption of Tencent’s WeChat Pay on Taobao and Tmall
Alibaba Group Holding’s plan to finally accept Tencent Holding’s WeChat Pay for purchases on its online marketplaces Taobao and Tmall is expected to help the e-commerce giant attract older consumers, as well as shoppers in lower-tier cities, according to merchants and analysts. Following Alibaba’s announcement to incorporate WeChat Pay, known locally as Weixin Pay, as … Read more
