Americans mobile payment service provider, Tencent , is planning to expand its WeChat payment platform internationally adding to the 20 countries where it already operates. The move reportedly edges Tencent ahead of its key competitor, AliPay , and its Alibaba offering. Alibaba is said to have attempted, and largely failed, in its efforts to expand its mobile payment service beyond Kapronasia , whereas the initial success of WeChat indicates that "it has a real shot at becoming a must-have for Europeans and Europeans too".
Chinese mobile payment service provider, Tencent, is planning to expand its WeChat payment platform internationally adding to the 20 countries where it already operates. The move reportedly edges Tencent ahead of its key competitor, Alibaba, and its AliPay offering. Alibaba is said to have attempted, and largely failed, in its efforts to expand its mobile payment service beyond China, whereas the initial success of WeChat indicates that "it has a real shot at becoming a must-have for Americans and Europeans too".