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WeChat Pay enters Russian market

06/07/2018| 10:39:47 AM|

Chinese tourists in Russia will soon be able to use Tencent Holdings’ WeChat Pay mobile payment platform following a new agreement with a leading travel association in the European country.

Russian companies participating in World Without Borders’ China Friendly initiative will accept payments from Chinese tourists made through WeChat Pay in the near future, Sputnik News reported.

Tourism body World Without Borders represents some 130 companies covering tour operators, hotels, insurers, museums and media firms in some 15 regions of the vast country stretching from Moscow to the Far East.

WeChat Pay's entry into the Russian market represents the 17th country globally where Chinese tourists can use the platform to complete overseas transactions. Users can pay for goods and services of up to RMB 200 (USD 31.2) in value by scanning a QR-code at point-of-sale terminals.

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TAGS: WeChat Pay | payment | Russia
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