Alipay, Weixin Pay embrace China’s new cross-border payment system

South China Morning Post - Sep 17, 2025

China’s two largest mobile payment services, Ant Group’s Alipay and Tencent Holdings’ Weixin Pay, have adopted a new cross-border payment system designed to facilitate cashless transactions made by foreigners in the country. Alipay, along with Ant Group’s overseas spin-off Ant International, and Weixin Pay said in separate statements on Wednesday that they were expanding support for foreign e-wallets through China’s Cross-border Interconnection Payment Gateway scheme. Ant is affiliated with...

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