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Tencent partners with Line on mobile payments in Japan

Nov 27, 2018 by The Passage Team
Tencent partners with Line on mobile payments in Japan

Chinese internet giant Tencent Holdings and Japanese messaging app operator Line are joining hands to provide payment services in Japan, the two companies announced on Tuesday.

Through the tie-up Japanese merchants will be able to use an integrated payments system to serve local users of Line Pay, the Japanese app’s payment service, as well as Chinese tourists who use WeChat Pay, the payment system incorporated within Tencent’s messaging and social media app WeChat, according to a statement by Tencent.

The move is expected to boost Line Pay’s ability to sign up local merchants as it will give them additional functionality to serve a rising wave of Chinese tourists via the use of a QR code.

Source: South China Morning Post

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