“The Future of Seamless Payments” - Powered by Tencent

    Yang Wenhui of Tencent highlights Tencent's advancements in seamless payment solutions, focusing on their journey from local to international markets.

    Key highlights

    Cross-border remittance
    • When conducting cross-border remittances from Hong Kong to some regions and countries, Tencent realised there's a very tangible need to digitalise those traditional businesses.
    • First wallet to make QR code for cross-border transactions available between Hong Kong and Mainland China.
    • Opened the WeChat system to international cards. International travellers can pay like locals.
    • International travellers can also use the mini programmes enabled in the WeChat ecosystem like a local.

    Palm technology
    • On 6 Nov, Tencent launched the Tencent Palm in the global markets. 
    • The use of palm is more precise, faster and convenient than facial recognition. Also announced first overseas palm payment pilot in Singapore with Visa on 6 Nov. 

    Watch Full Session

     

     

    Speaker

    • Yang Wenhui, Chief Executive Officer, Tenpay Global (Singapore) & General Manager, Tencent Financial Technology, Asia Pacific, Tencent

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