![]() ![]() ![]() WeChat Pay, however, is a mobile payment service that allows you to make payments charged directly to your credit card via your mobile phone, similar to Apple Pay and Google Pay. Unfortunately, you cannot link the app up with a Singapore bank account, such as DBS, although it could happen in the future. Singaporeans can now load and reload the e-wallet with an approved credit card such as VISA, MasterCard, JCB, Diners Club International and American Express (AMEX). This allows you to pay and receive funds into your Alipay account, without the need to link a China bank account to the e-wallet. You will need to reload the e-wallet before transferring money to merchants or friends via their mobile phone number or personalised QR code. ![]() For the purpose of this article, we are talking about the International versions of both apps rather than the local Chinese version.Īlipay is essentially an e-wallet, similar to Singapore’s PayLah!. Same Same But Different: Alipay Is The Chinese PayLah! While WeChat Pay Is The Chinese Apple PayĪlthough it is common to see both Alipay and WeChat being offered together as mobile payment platforms at restaurants, retail outlets and tourist destinations, they are quite different in terms of the services they offer and how people actually use them. Here’s what you need to know about Alipay and WeChat in Singapore. Outside of China, people across Southeast Asia have started Alipay and WeChat in order to facilitate commercial transactions with Chinese customers, including Singaporeans. Consumers within China use both Alipay and WeChat for everyday functions from buying groceries to purchasing financial products like insurance and investments. With Alipay’s parent Ant Group poised to raise US$34 billion in the world’s biggest IPO yet, the stage is set for mobile payment and fintech apps to take the world by storm, with Google Pay trailing far behind. ![]()
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