Market Research Industry Reports

Alternative Payment Solution: Tenpay

  • DESCRIPTION
  • TABLE OF CONTENTS
  • RELATED REPORTS
  • SAMPLE REQUEST
  • REVIEWS
Alternative Payment Solution: Tenpay

Summary

Tenpay is the second-largest online payment platform in China, behind only Alipay. It was launched by Tencent, Chinas leading internet company, in 2005. Tenpay supports online, in-app, and in-store payments in China and abroad. Tenpay users can make fund transfers to other users Tenpay accounts or their bank accounts. Users can also make mortgage and credit card payments, and can even invest in various financial products. Tenpay parent Tencent also owns popular social media platforms including QQ Messenger and WeChat, and has integrated payment services into these apps called QQ Wallet and WeChat Pay, allowing users to conduct payment transactions directly.

Tenpay accounts for 34% of the total third-party mobile payments market in China. It is mainly concentrated in China, although it has expanded its services to select international markets, focusing on overseas merchants where Chinese tourists are likely to shop. It partnered with German payments company Wirecard in July 2017 to launch its mobile payments service WeChat Pay across Europe, allowing Chinese tourists to make payments at European merchants. Local residents in countries like South Africa and Hong Kong can also make in-store payments using WeChat Pay.

Tenpay is supported by 80 banks and financial institutions. Cross-border transactions are now supported in 25 countries and settled in 12 currencies, including pound sterling, euros, US dollars, Australian dollars, and Japanese yen.

The report provides information and insights into alternative payment solution Tenpay, including -
- Detailed insight into its business
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The companys important events and milestones.

Scope

- In April 2005, Tenpay was launched by Tencent, Chinas leading internet company.
- In May 2011, Tenpay has received third-party payment license from the central bank.
- As of July 2017, Tenpay has 800 million users, which include WeChat Pay and QQ Wallet users.
- In January 2018, WeChat Pay was launched in Italy in partnership with Digital Retex and DOCOMO Digital.

Reasons to buy

- Gain insights into Tenpays business operations, and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Table of Contents
Overview
Historic Milestones
Benchmarking
Performance Highlights
Revenue Model
Products & Services
Significant Events
Partner Banks & Financial Services Providers
Supporting Merchants
Appendix

Global Cocoa Butter Alternatives Market Research Report - Forecast to 2023

Global Cocoa Butter Alternatives Market Research Report - Forecast to 2023

USD 4450View Report

Kazakhstan Upstream Fiscal and Regulatory Report - Alternative Subsoil Tax Regime Looks to Incentivize Offshore and Deep Reservoir Development

Kazakhstan Upstream Fiscal and Regulatory Report - Alternative Subsoil Tax Regime Looks to Incentivize Offshore and Deep Reservoir Development Kazakhstan Upstream Fiscal and Regulatory Report - Alternative Subsoil Tax Regime Looks

USD 1500View Report

Alternative Payment Solution: Amex Express Checkout

Alternative Payment Solution: Amex Express CheckoutAmex Express Checkout is an online payment solution developed by American Express. Launched in 2015, it allows American Express card holders to checkout faster on

USD 350View Report

Alternative Payment Solution: Amazon Pay

Alternative Payment Solution: Amazon PayAmazon Pay was launched in 2007 as Pay with Amazon, before being rebranded as Amazon Pay. The solution enables users to pay for purchases on third-party

USD 350View Report

Your are not allow to send sample request
Fill The Form For Sample Request
Full Name :*
Bussiness Email: *
Email: *
Country :*
Contact No.*
Alternate No.
Note.:*Kindly provide us with your company id and get the sample reports at the earliest.
There is no Reviews available

Delivery Details

PDF FORMAT REPORTS will be delivered by email within 12 to 24 hours after placing the order (Mon-Fri IST)

CHOOSE FORMAT

  • PDF    USD 350
  • Site Licence    USD 700
  • Enterprise Wide Licence    USD 1050
$ 350

Reports Details

Published Date : Mar 2018
No. of Pages :19
Country :China
Category :Financial Services
Publisher :GlobalData
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

Customized Research

If you do not find this specific report suitable to your exact needs then you can also opt for customized research report that will befit all your expectation. To specify your requirements CLICK HERE

 

We Accept

  • fb
  • twitter
  • pinterest
  • linckedin
  • rss
  • youtube