Tencent applies for licence to offer local payment services in M’sia


A WeChat Pay system is demonstrated at a canteen as part of Tencent office inside TIT Creativity Industry Zone in Guangzhou, China May 9, 2017. - Reuters filepic

HONG KONG: Tencent Holdings Ltd has applied for a licence in Malaysia to offer local payment services via its WeChat Pay, in what would be a first for the platform outside of China, the director of WeChat Pay’s global operation told Reuters.

If approved, users in Malaysia will be able to link their local bank accounts to WeChat Pay and pay for goods and services in ringgit.

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Business , tencent , WeChat Pay , Malaysia ,

   

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