trending Market Intelligence /marketintelligence/en/news-insights/trending/V-WQqWXklx-26XOh9Mcxjg2 content esgSubNav
In This List

Hong Leong Bank, Tencent Holdings to offer WeChat Pay in Malaysia

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Using ESG Analysis to Support a Sustainable Future


Hong Leong Bank, Tencent Holdings to offer WeChat Pay in Malaysia

Malaysia-based Hong Leong Bank Bhd. obtained approval from the central bank to enter into an agreement with Tenpay Payment Technology Co. Ltd., a subsidiary of Tencent Holdings Ltd., to offer WeChat Pay in the country.

The partnership will allow Chinese tourists to continue using their WeChat accounts in Malaysia, the bank said in a Nov. 30 release.

As a merchant acquirer for WeChat Pay, the lender can now allow Malaysian businesses to start accepting WeChat payments for both online and in-store payments, it added.