While Tencent’s WeChat has over 980 million monthly active users—mostly Chinese-speaking—around the world, the Chinese messaging app is still stranger to many other countries outside the Middle Kingdom. Tencent once surpassed Facebook in valuation. According to Chinaccelerator’s managing director William Bao Bean, Tencent’s WeChat achieves better monetization than Facebook.

Released in August 2013, WeChat Pay has expanded to 25 countries around the world, and among those countries, expansion to its neighboring countries—Japan and South Korea—was rather successful, according to Grace Yin, Director of WeChat Pay Cross-border Operation at Tencent at the press conference held at annual WeChat Open Class PRO in Guangzhou, China on January 15th.

She shared status quo of WeChat payment’s overseas expansion.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com