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Tag: wechat

  • Sa Sa to simply accept WeChat funds instore

    Sa Sa to simply accept WeChat funds instore

    Magnificence merchandise retailer Sa Sa is to simply accept Tencent’s WeChat funds in 100 Hong Kong shops.

    Sa Sa thus turns into the primary international retail companion of tencent’s new offline WeChat-based cross-border cost service, TenPay.

    WeChat’s Tenpay permits account holders, principally Chinese language mainlanders, to scan the QR Code on their cell phone utilizing the WeChat app, and shortly make a cost on-line. Now the service is being rolled out offline permitting funds to be made in bodily shops, by comparable means. Each WeChat account holder has a singular QR code inside the app – which may also be used to scan different QR codes to entry web pages, particular presents and an entire vary of different providers and knowledge.

    Sa Sa says the transfer to simply accept TenPay demonstrates its dedication to exploring on-line to offline (O2O) enterprise alternatives.

    “The pioneering act is predicted to show over a brand new leaf within the improvement of offline cellular cost,” Sa Sa stated in a press release.

    “The group has been dedicated to selling O2O enterprise within the final yr, with the purpose of offering clients with a extra complete buying expertise involving a number of channels and touchpoints. The launch of cross-border offline WeChat Cost doesn’t solely show the group’s dedication in enhancing the usual of its providers, but in addition lays a key milestone within the improvement of the group’s O2O enterprise. The group will proceed to introduce new O2O experiences which are handy to clients in order that the group will be capable of seize alternatives and increase its enterprise underneath progressive deployment of various O2O purchasing experiences,” stated Sa Sa.

    “We hope to offer mainland customers of WeChat with a extra handy cost technique for purchasing in Hong Kong by means of our partnership with Sa Sa. In the meantime, Sa Sa’s in depth retail community all through Hong Kong in addition to its numerous buyer base will allow us to successfully promote WeChat Cost, with the goal of extending such revolutionary cellular cost to different retailers and ultimately gaining reputation in Hong Kong. The appliance of WeChat Cost shall be expanded to the remainder of the world following the footprint of Chinese language vacationers. ”

    A Tencent spokesman stated the transfer would supply added comfort for mainland WeChat customers.  “In the meantime, Sa Sa’s in depth retail community all through Hong Kong in addition to its numerous buyer base will allow us to successfully promote WeChat Cost, with the goal of extending such revolutionary cellular cost to different retailers and ultimately gaining reputation in Hong Kong. The appliance of WeChat Cost shall be expanded to the remainder of the world following the footprint of Chinese language vacationers. ”

    Sa Sa launches its WeChat Cost acceptance by giving clients a WeChat Pink Envelope of RMB10 upon a purchase order of HK$100 settled by WeChat Cost on smartphones throughout a promotion interval.

    Stated Dr Man Look, CFO and government director of Sa Sa: “Making good use of know-how is the important thing for native retailers to successfully improve providers and meet the purchasing wants of consumers underneath the ever-changing development of Web and cellular communications know-how. As Tencent’s first companion in introducing cross-border offline WeChat Cost, we consider that extra clients will undertake this progressive cellular cost upon full launch of such service. Clients can take pleasure in a extra handy and nice purchasing expertise with out the necessity to carry money or bank cards.”

  • WeChat makes e-commerce push to serve growing users in Indonesia

    WeChat makes e-commerce push to serve growing users in Indonesia

    The developers of the popular multi-platform messaging app WeChat have rolled out an e-commerce offering through the app to tap the boom in the number of Indonesians using smartphones and engaging in online transactions.

    The app now offers a new feature called Official Account, which provides digital marketing platforms for companies that makes it easy to promote information and services to customers through the application.

    Through these features, WeChat users can reserve a hotel room, order a take-out meal, sign up for a coupon program, or carry out a financial transaction, according to Benny Ho, the Hong Kong-based director of business development at Tencent, the Chinese internet giant behind WeChat. Ho said the possibilities were “limitless”, depending on what service a company wanted to provide to its customers.

  • HK shopping mall partners with Variably to launch automated price negotiation system

    Hong Kong shopping mall The Arcade, Cyeberport has partners with a tech startup Variably to launch a personalised automated price negotiation system accessible via WeChat and QR Code Scan, allowing retailers and customers to negotiate the best possible price that is satisfactory for both.

    By scanning at the QR code of your favourite items with WeChat app, shopper can direct contact the retailer and negotiate the best possible price privately and automatically.

    In retail commerce, prices are fixed and cannot be negotiated. That has often left customers passively waiting for discounts, or skipping purchases altogether. For a seller, this is a tricky situation: set a price too low and they’ll lose profits; set the price too high, and risk losing customers. Finding the right price has proved to be a major challenge.

    The price negotiation platform empowers users to bargain the best possible price privately and automatically, breaking the traditional mold of retail operations and giving buyers and shoppers an innovative and efficient way to negotiate.

    A tenant at Cyberport, Variably is founded by a team of experts in the field of data, statistics, and computing. They are the only non-Chinese team included in Alibaba’s Baichuan developer services, with seed funding of more than USD900,000.

    In a pioneering move, the system will be available from now on to 15 April to give shoppers the chance to experience the future of interactive commerce.

  • WeChat owner’s profit soars

    WeChat owner’s profit soars

    WeChat parent Tencent says its profit soared 54 per cent in the year to December.

    Tencent, which also owns instant messaging service QQ, says profit was boosted by breakthroughs in the technology behind online security and mobile payments.

    With Facebook banned in mainland China, WeChat is one of the most-used social networking services and has a growing role in providing retail chains with eCommerce and brand marketing touchpoints with consumers in China and beyond.

    Shenzhen-based Tencent reported a profit of 23.81 billion yuan (US$3.82 billion) on sales of 78.93 billion yuan, up 31 per cent year-on-year.

    Chairman Ma Huateng said its social platforms QQ and WeChat continued to “innovate and grow”. More than 500 million people used WeChat as at the end of 2014 – 41 per cent more than at the end of 2013 – an astonishing figure for an app launched only in 2011.

    Online game revenues rose 40 per cent to 44.76 billion yuan with social media revenue up 43 per cent to 18.56 billion yuan.

    WeChat users can book and pay for taxis, share text, photos, videos and voice messages and meet strangers by shaking phones or searching for people located close by.

    Last year, Tencent launched WeBank, an online bank which has no physical branches.