Advancing the Future of Malaysia’s Digital Landscape with WeChat Pay MY
WeChat Pay MY , one of the most popular mobile payment solutions in Malaysia, has seen considerable growth since it was launched in Malaysia last August. WeChat Pay is the mobile payment feature of WeChat, one of the largest social communication platforms owned by Tencent. As of December 2018, Weixin and WeChat combined had 1,098 million monthly active user accounts (MAUs), while WeChat Pay has more than 800 million MAUs (as of the second quarter of 2018), making them one of the most widely used social networks and one of the most popular mobile payments in the world respectively. WeChat Pay MY supports various types of value-added services from online services such as mobile credit top-ups as well as flight and bus ticket purchases, to offline transactions at retail outlets. Currently, a WeChat Pay MY user can purchase items at retail stores by just scanning a QR code and punching in his payment PIN on his mobile phone. With a continuously growing number of merchants and users,