April, 2024
1.3M
March, 2024
1.1M
Total in 3 months : 3.2M
China
Hong Kong S.A.R.
United States
Regulated
Payment Card IndustryRegulated
Document security systemsTenpay is China's second-largest online payment platform, after Alipay. It was founded in 2005 by Tencent, the largest internet service provider in China. In China and worldwide, Tenpay supports online, in-app, and in-store payments. Tenpay users can transfer funds to other Tenpay users or to their bank accounts. In addition to mortgage and credit card payments, users can also invest in a variety of financial products. Tencent also owns prominent social media platforms including as QQ Messenger and WeChat; it has integrated payment systems dubbed QQ Wallet and WeChat Pay into these apps, allowing users to make direct payments. Tenpay has expanded its services to select international markets, concentrating on businesses where Chinese tourists are likely to make purchases. Three hundred banks and financial institutions sponsor Tenpay. Cross-border transactions are currently supported in 64 countries and settled in 24 currencies, including the British pound, the euro, the United States dollar, the Australian dollar, and the Japanese yen. WeChat Pay introduced the Fenfu virtual credit card in March 2020, allowing users to make purchases and pay in installments.
Tenpay is China's second-largest online payment platform, after Alipay. It was founded in 2005 by Tencent, the largest internet service provider in China. In China and worldwide, Tenpay supports online, in-app, and in-store payments. Tenpay users can transfer funds to other Tenpay users or to their bank accounts. In addition to mortgage and credit card payments, users can also invest in a variety of financial products. Tencent also owns prominent social media platforms including as QQ Messenger and WeChat; it has integrated payment systems dubbed QQ Wallet and WeChat Pay into these apps, allowing users to make direct payments. Tenpay has expanded its services to select international markets, concentrating on businesses where Chinese tourists are likely to make purchases. Three hundred banks and financial institutions sponsor Tenpay. Cross-border transactions are currently supported in 64 countries and settled in 24 currencies, including the British pound, the euro, the United States dollar, the Australian dollar, and the Japanese yen. WeChat Pay introduced the Fenfu virtual credit card in March 2020, allowing users to make purchases and pay in installments.
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