Tencent’s WeChat is collaborating with Japanese messaging app LINE to expand its payment service to targeting Chinese travellers, as the number of Chinese tourists visiting Japan continues to grow.
The partnership enables Japanese brick-and-mortar merchants with a LINE Pay terminal to process WeChat Pay transactions directly. Users can summon the WeChat app and pay by scanning QR codes provided by retailers.
Tencent said the partnership could help Japanese small and medium-sized local businesses adopt mobile payments at rather low costs as they do not have to purchase extra QR code scanners, according to the press release.
“The strategic cooperation will allow WeChat Pay to further penetrate into local and daily scenarios and provide Chinese tourists with more in-depth services,” said Li Peiku, vice president of WeChat Pay.
The new move is hot on the heels of an alliance of Alibaba, Yahoo Japan and Softbank, ramping up the mobile payment competition between Tencent and Alibaba in the Japanese market. Both giants are keen on boosting their market share outside China.