The Great Reconciliation of the Century?
On September 4th, Taobao released a solicitation of opinions on the addition of WeChat payment capabilities on Taobao. The above solicitation of opinions shows that in order to enhance consumers' shopping experience, Taobao plans to add WeChat payment capability. Based on the increase of the above services, Taobao plans to make adjustments to its platform rules - this means that after a certain period of testing and partial experience, Taobao will fully introduce WeChat Pay.
In response to this, Tencent replied to the Securities Times reporter that the feature adaptation with Taobao platform merchants is currently being launched. Please pay attention to the Taobao platform announcement for the specific launch time.
Tencent: feature adaptation with Taobao platform merchants is currently being launched
Tencent stated that WeChat Pay has always adhered to the concept of open cooperation and actively explored interoperability and cooperation with various fields. Previously, WeChat Pay has successively carried out payment interoperability cooperation with platforms including UnionPay Cloud QuickPass, JD Pay, payment platforms under the three major operators, and digital RMB. In the future, it will continue to explore and provide convenience for users on the basis of ensuring transaction security.
Previously, according to the reporter's understanding, in June of this year, UnionPay network welcomed the full integration of WeChat Pay payment code scenarios. In June 2024, with the opening of WeChat Pay's operating collection codes, various collection codes of WeChat Pay will be fully opened to the UnionPay network in all scenarios. At that time, China UnionPay stated that users could make QR code payments by opening the Cloud QuickPass app in the "main scanning" scenario of various payment codes on WeChat. At the same time, UnionPay has partnered with major commercial banks to launch the "Scan WeChat Pay Code to Enjoy Continuous Discounts" campaign. Users can enjoy discounts by scanning WeChat Pay codes using the Cloud QuickPass app.
China UnionPay stated that payment is rooted in the needs of people's livelihoods and the foundation of finance. Barcode payment interconnection will further play its positive role in promoting a prosperous market economy and facilitating people's lives. The open cooperation between UnionPay and Tenpay WeChat Pay this time is another achievement of barcode payment interconnection, and also a reflection of various institutions' positive and open attitude towards continuously deepening interconnection. China UnionPay will continue to play the role of the hub and coordination of card organizations, continue to promote open cooperation with Tenpay, Alipay and other industrial parties, and use every payment to help users live a happy life.
In addition, on May 21st of this year, JD Blackboard News announced that JD Pay and WeChat Pay have achieved interconnectivity, becoming the first third-party payment institution in the industry to simultaneously connect WeChat personal codes and merchant codes. JD Pay's interconnection this time is carried out through the JD Financial App. At the level of merchant code interconnection, it has been piloted in some merchants and will gradually open up interconnection in the future.
The issue of blocking website links will gradually be resolved
Previously, there have been several rumors online that Taobao and Tmall can use WeChat Pay.
In February this year, many users found that in addition to Alipay, WeChat payment was added to the payment options when they placed an order for settlement on Taobao. Taobao customer service responded to this by stating that this is a feature under testing and is only available to some users. As for when it will be fully released, it will depend on the page display.
The function is currently under testing and not all orders will be covered. However, we will gradually cover all orders in the future, and this time will not be too long, "said Taobao customer service.
It is reported that in 2023, Taobao has attempted to open WeChat Pay. However, at that time, users were required to save the QR code before making payments, which was cumbersome and discouraged some users. Subsequently, Taobao optimized the program so that users can directly jump to payment when shopping, and the user experience of WeChat payment has been aligned with Alipay.
Taobao and Tmall have decided to "join hands" with WeChat Pay, which can be traced back to 2021. On September 9, 2021, the relevant business departments of the Ministry of Industry and Information Technology held an administrative guidance meeting on the issue of blocking website links. At the meeting, the Ministry of Industry and Information Technology proposed compliance standards for instant messaging software, requiring all platforms to unblock according to the standards within a specified period of time, otherwise they will take legal measures. Enterprises including Alibaba, Tencent, ByteDance, Baidu, Huawei, etc. attended the meeting.
In September of the same year, at the press conference of the State Council Information Office on "Promoting the Construction of a Manufacturing Power and a Network Power to Help Build a Moderately Prosperous Society in All respects", the Ministry of Industry and Information Technology stated that the overall development trend of the platform economy is good, and it has played an important role in promoting economic development and providing convenience for life. However, some problems have also emerged in the development process, "some need to be solved from a technical perspective, some need to be solved from a management perspective, and some need to be coordinated and systematically solved from all aspects".
The press conference mentioned that Internet security is the bottom line. "Internet development must make people's lives more convenient and ultimately promote the healthy and orderly development of the Internet industry platform economy".
The Ministry of Industry and Information Technology believes that blocking website links is one of the key issues to be rectified this time.
It is reported that in the self inspection and rectification, the Ministry of Industry and Information Technology learned that there is still a certain gap between some Internet enterprises' understanding of the problem of blocking website links and the requirements for special actions. For this reason, the Ministry of Industry and Information Technology has also taken various forms, such as administrative guidance meetings, to further help enterprises realize that interconnection is an inevitable choice for high-quality development of the Internet industry, and that making users use the Internet smoothly and safely is also the direction that the Internet industry must work hard to.
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