Founded in 2005 by Tencent Holdings Ltd., Tenpay has become one of China's largest and most integral online payment service providers, rivaling Ant Group's Alipay. Its primary mission is to provide secure, convenient, and professional payment solutions to users and enterprises. Tenpay is the underlying payment system for WeChat Pay and QQ Wallet, facilitating a vast range of transactions from peer-to-peer transfers and in-store QR code payments to utility bills, e-commerce, and wealth management services within the Tencent ecosystem. The platform plays a critical role in China's digital economy, processing a massive volume of daily transactions.

Founded in

China