A few weeks ago, Tencent had announced plans to introduce WeChat Pay in Malaysia. Now we are a step closer as Hong Leong Bank has received approval from Bank Negara Malaysia to offer WeChat Pay payment solutions together with Tencent’s payment arm.
Looks like we’ll be getting WeChat‘s e-wallet sooner than we think, with Tencent’s ecosystem set to roll out sometime next year.
Tencent, the company behind popular social chatting app, WeChat, has applied for a license to enable payment services in Malaysia. If this goes through, Malaysians make payments using their smartphones seamlessly via their linked bank accounts.