Who invented WeChat Pay

WeChat Pay was developed by Zhang Xiaolong’s team. WeChat was planned to be launched in October 2010. On January 21, 2011, WeChat created by Zhang Xiaolong was officially launched, and the WeChat era officially began. In 2013, Zhang Xiaolong continued to improve WeChat. In August, WeChat payment was officially launched. At first, the user growth was slow, and the WeChat era was officially launched. It became famous during the Spring Festival of 2014. With the support of social fission and Spring Festival Gala traffic, WeChat red envelopes became the most popular New Year gift that year, helping WeChat Pay bind 200 million personal bank cards in just 2 days.

The operating environment of this tutorial: HarmonyOS 2.0 system, WeChat version 8.0.27, HONOR V30.

WeChat Pay is a third-party payment platform under Tencent Group, committed to providing users and enterprises with safe, convenient and professional online payment services. With the core concept of "WeChat payment, more than just payment", it has created a variety of convenient services and application scenarios for individual users.

WeChat Pay provides professional collection capabilities, operational capabilities, fund settlement solutions, and security guarantees for various enterprises and small and micro merchants. Users can use WeChat Pay to shop, eat, travel, seek medical treatment, pay utility bills, etc. Enterprises, products, stores, and users have been connected through WeChat, making smart life a reality.

WeChat Pay was developed by Zhang Xiaolong’s team.

Zhang Xiaolong, male, was born on December 3, 1969 in Dongkou County, Shaoyang City, Hunan Province. He is the founder of Foxmail, founder of WeChat, and senior vice president of Tencent.

WeChat was planned and launched in October 2010 and was built by the product team of Tencent Guangzhou R&D Center. The team led by the team manager Zhang Xiaolong has successfully developed Internet projects such as Foxmail and QQ mailbox. Tencent President Ma Huateng confirmed the name of this product in the product planning email as "WeChat".

On January 21, 2011, WeChat created by Zhang Xiaolong was officially launched, and the WeChat era officially began. A single spark can start a prairie fire. Ten years later, WeChat has transformed into a national application with more than 1 billion daily users. It has long gone beyond the initial scope of communication and social networking and has become a super App closely related to users’ lives and work. Looking at it from another perspective, no one can do without WeChat. This is a very remarkable achievement in itself, and Zhang Xiaolong, as the founder of the WeChat kingdom, plays an important role.

In 2013, he continued to improve WeChat, and WeChat payment became popular, with hundreds of millions of users all over the world.

WeChat Pay lets you say goodbye to your wallet

In August 2013, WeChat Pay was officially launched. At first, user growth was slow, but it really became popular during the Spring Festival of 2014. With the support of social fission and Spring Festival Gala traffic, WeChat red envelopes became the most popular New Year gift that year, helping WeChat Pay bind 200 million personal bank cards in just 2 days, while Alipay took 8 years to do this. No wonder Jack Ma would describe the rapid rise of WeChat red envelopes as a "Pearl Harbor attack", making the entire Alipay team feel like they are facing a formidable enemy.

After this battle, WeChat Pay has the confidence to challenge Alipay. Alipay dare not underestimate this explosive rising star, and the mobile payment war is about to begin. The key to promoting mobile payment lies in scene layout. Therefore, you will see that Alibaba and Tencent are fiercely competing for popular consumption scenes, such as taxis, restaurants, supermarkets, parking lots, etc. You can always see WeChat There is a fierce competition between payment and Alipay.

The more intense the fight between the two sides is, the more consumption scenarios are covered, the more users benefit. It becomes a reality to go out without a wallet and use a mobile phone to travel around the world. Eating, drinking and having fun can all be easily settled with WeChat payment. In order to cater to the consumption habits of young people, everyone from chain supermarkets to roadside vendors will post WeChat Pay QR codes for customers to pay. Even beggars use WeChat Pay to beg. The continuous popularity of mobile payment has helped mobile payment be selected into the "Four New Inventions", and WeChat Pay is undoubtedly the number one contributor.

Mini program allows you to use it and go

The mini program was formerly known as "Application Account". It was forced to change its name due to Apple's intervention and was officially launched in January 2017. . Its biggest feature is that there is no need to download, it can be searched and used immediately, and it implements Zhang Xiaolong's product concept of "use it and go". On the surface, small programs can replace infrequently used apps and reduce the memory load on users' mobile phones, but their greater role is to help WeChat improve its own ecosystem, attracting a large number of developers and capturing as many users as possible.

When mini programs were first launched, they were criticized by the industry due to issues such as UI design, size restrictions, and user experience. However, they have successfully withstood the test and are widely used in e-commerce, gaming and other industries. Nowadays, mini programs have become a hot trend in the industry, and super apps have even regarded them as standard features. Major Internet companies such as Alibaba, Baidu, and ByteDance have launched their own mini program platforms, and the mini program ecosystem continues to prosper.

Of course, mini programs not only serve the majority of developers and users, but are also a major benefit to WeChat itself. Although the three major sectors of the WeChat ecosystem - Official Accounts, Moments, and WeChat Payment - have a clear division of labor, they are not completely connected and seamlessly connected. Things changed a lot with the advent of mini programs, which allowed WeChat to better connect everything (people and services). No wonder Zhou Hongyi, the head of 360, couldn’t help but joke that there is no wireless Internet now, there is only “WeChat Internet”, because WeChat itself is the Internet.

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