“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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