Tenpay is a popular online payment method in China that was launched by Tencent in 2005. It is often compared to PayPal, as it allows users to pay for goods and services online, as well as transfer money to other Tenpay users.
Tenpay is closely linked to WeChat, a popular messaging app in China that is also owned by Tencent. WeChat users can link their Tenpay account to their WeChat account and conduct transactions using the WeChat app. Users can also access Tenpay using the Tenpay mobile app, which is available for both iOS and Android operating systems.
Tenpay offers a variety of payment options, including credit and debit cards, as well as bank transfers. Tenpay also offers an offline payment service called WeChat Pay, which allows users to pay at physical stores by scanning a QR code with their smartphone.
Tenpay has become a popular payment method in China due to its security and convenience. It is also used for cross-border purchases, making it an attractive option for businesses looking to sell their products in China.