Key facts
- Tencent integrated PayPal payments into WeChat Pay's merchant network.
- PayPal users can pay in China by scanning QR codes.
- The integration connects PayPal's 400 million users to China's payment infrastructure.
- This feature is initially available to US-based PayPal users.
China's payment landscape has historically been dominated by domestic mobile payment systems like WeChat Pay and Alipay, making it difficult for international tourists to make cashless transactions. This partnership aims to bridge that gap by allowing foreign visitors to leverage their existing PayPal accounts.