Tencent launches payment app aimed at international visitors
Tencent has introduced TenPayGo, a mobile payment service designed for foreign travellers visiting China. The app, developed by the WeChat Pay team, allows users to connect credit cards or digital wallets from their home countries and pay at tens of millions of participating businesses ahead of the Apec summit in Shenzhen.
Tencent Holdings on Thursday launched TenPayGo, a mobile payment application aimed at foreign visitors to China, according to the South China Morning Post. The service was introduced ahead of the Asia-Pacific Economic Cooperation summit in Shenzhen. Tencent is seeking to expand its share of China’s inbound tourism market as more overseas visitors use domestic services during their trips.
TenPayGo was developed by Tencent’s WeChat Pay team. The company said the app enables international travellers to make payments across the WeChat Pay network by linking a credit card or a digital wallet issued in their home country. The network covers tens of millions of shops, restaurants and attractions, according to the supplied report.
The launch therefore targets a practical difficulty for overseas visitors: accessing a widely used domestic payment system without relying solely on a locally issued payment method. The source does not provide details on transaction fees, supported countries, security arrangements or the number of users expected at launch. It also does not state whether TenPayGo will remain focused on visitors attending the Apec summit or operate as a broader service for inbound travellers.
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