Wanglian Clearing said since the start of 2026 inbound mobile payment
transaction count and value processed via its services rose about 70% and 40%
YoY, accounting for more than 70% of the market. It has implemented cross-border
card binding for card-preferred markets (Europe, US), enabling overseas bank
cards to work with domestic QR payments and covering users in over 200 countries
and regions; and supports direct use of 16 overseas wallets from 11
countries/regions for wallet-preferred markets such as Southeast Asia. Wanglian
also reported outbound acceptance coverage across 220 countries/regions and
connectivity to over 70 million QR-code merchants to facilitate Chinese payments
services and broader RMB use abroad.
