Insight ReportWeChat MOVES INTO CHINA’S BOOMING MOBILE PAYMENT MARKET Coresight Research August 26, 2015 Executive Summary WeChat takes on Alipay in the mobile payments market, with WeChat Wallet. WeChat’s existing 600 million user base will help it to narrow the gap with Alipay. Apple is hoping to launch Apple Pay in China. So competition for dominance in mobile payments will intensify Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Financial Confidence Ticks Up Again: Weekly US Consumer Sentiment, Week 20, 2025—InfographicAnalyst Corner: What Happened with US and China Consumer Sentiment on the Eve of Expected Tariffs? with John MercerRetailTech: AI in Digital Commerce—GenAI Supercharges Retail to Provide a Seamless Shopping JourneyWeekly US Store Openings and Closures Tracker 2025, Week 17: Announced Closures Up 90% Year Over Year; JD Sports Reveals Global Store Plans