Why is WeChat pay compared to VISA and MasterCard? - ProProfs Discuss
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Why is WeChat pay compared to VISA and MasterCard?

Why is WeChat pay compared to VISA and MasterCard?

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Asked by H. callum, Last updated: Nov 18, 2024

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A. Cook

A. Cook

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A. Cook
A. Cook, English Professor, M.A, Ph.D, Kentucky

Answered Sep 02, 2019

WeChat was developed in China by Tencent in the year 2011, and it had over one billion users’ by 2018, making it to be one of the world's biggest standalone Mobile Apps. It is a multipurpose messaging, mobile payment app, and social media. WeChat is used mass surveillance in China, and it is described as a 'super app' due to its wide range of use.

Moreover, WeChat pay is a platform through which all kinds of payment can be made, either via QR Code, Quick Pay, In-App web based, visa card, MasterCard and others. All your payments can be done just with the use of your mobile phone. Presently, WeChat has found its usefulness in over 300 banks, and it supports various credit cards in the overseas, such as these visa card and MasterCard. However, the connectivity fact or medium between visa, master card and WeChat is the reason why they are compared together.

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