We Chat, China’s smash hit chat app, has long been a bellwether for the future of mobile messaging.
It was first to popularize putting brands in chat and integrating third-party services, two trends Facebook-owned Whats App and Messenger and others are jumping on, and it looks like payment is the next major focus.
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We would recommend creating a member profile using a valid email address so that you may receive valuable feedback from the chat service and member contact requests.
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Facebook’s head of Messenger David Marcus announced the payment features Monday at the Tech Crunch Disrupt SF 2016 conference.
It concurs with the Messenger v1.2 update, also released this week.
Beyond text messaging, voice and video calling, the service includes a social network timeline, branded accounts, shopping, games and more.
Payment is another area and over the past year, Tencent has put considerable focus into its China-based service, We Chat Pay, which can be used to transfer money between We Chat users (peer-to-peer) and make payments online and with participating offline retailers.
Tencent said today that it banked over RMB300 million ( million) from bank transfer fees from We Chat Pay, almost all of which came from China.