A vendor in a vegetable market shows the QR code for WeChat Pay. (Photo/CGTN)
What if you could pay for everything on your smartphone through your social media app? And as you pay, you could submit a review, recommend the service to friends, and earn rewards. What if that same app could be used to book hospital appointments, apply for visas, book flights and work seamlessly when you are travelling abroad?
In China, that is not the future, but the here and now, and it's called WeChat Pay.
The market for mobile payment has spawned a whole industry of third-party companies that bring more and more services to mobile payment platforms. WeChat Pay and others are now spreading across the region, allowing seamless mobile payments in more and more countries for Chinese traveling abroad.