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1-minute News | Taobao supports WeChat Pay to benefit public and achieve win-win

1-minute News
2024.10.30 09:11
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On Sept. 27, the Chinese leading online shopping platform Taobao made a game-changing announcement: it now officially supports WeChat Pay. With this update, shoppers can choose between Alipay and WeChat Pay when making purchases on the platform.

In the past, when shopping on Taobao, users had to withdraw their funds and transfer them to Alipay, adding extra steps and handling charges. But now, with WeChat Pay directly available, it's a smoother, more convenient experience for everyone.

This move also aligns with the country's anti-monopoly policies, promoting greater collaboration between different internet platforms and encouraging fair competition in the market.

Industry experts are calling it a positive step toward a healthier, more integrated e-commerce ecosystem.

What do you think of this change? Let us know in the comments.

 

Related News:

Taobao reported to open HK's first large-scale furniture experience store, expected to launch by year-end

Taobao available for WeChat Pay, JD to access Alipay before November 11

 

Tag:·Taobao· WeChat Pay· Alipay· online shopping· e-commerce

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