WeChat Pay Hong Kong has recorded a fourfold improve in mainland Chinese language vacationer funds for taxi providers within the metropolis from final 12 months and rising utilization amongst locals and guests alike, in line with dad or mum firm Tencent.
Vice-president of Tencent Monetary Expertise Daniel Hong Danyi mentioned on Thursday that the variety of transactions from mainland vacationers paying for taxi fares by means of WeChat Pay had seen a fourfold improve, 12 months on 12 months.
“We noticed that beforehand, many mainland vacationers coming to Hong Kong realised taxis right here don’t help mainland fee strategies. So over the previous 12 months, we spent numerous effort and time to allow extra taxi drivers to simply accept funds from WeChat,” he mentioned.
The platform has been providing taxi drivers perks corresponding to zero dealing with charges, together with for buyer transactions and shifting cash into financial institution accounts.
Hong added greater than 20,000 taxi drivers throughout the town now accepted each the native WeChat Pay HK accounts and the mainland model, contributing to an total vital rise in transaction quantity.
The tech big additionally reported development within the adoption of its “mini applications” by Hong Kong retailers, which doubled 12 months on 12 months in each utilization and transaction quantities all through the primary 5 months of 2025.
Mini applications are apps that run throughout the WeChat ecosystem, offering a spread of functionalities, together with e-commerce, journey reserving and native providers, with out requiring customers to obtain a separate app or exit the platform.
