What are the similar names between WeChat and Alipay Huabei?

The function similar to Alipay’s Huabei on WeChat is called “fenpay”.

WeChat Pay is a consumer credit product. WeChat users can use the pay limit for consumption, such as eating, shopping, watching movies, etc. (Red envelopes, transfers, and cash withdrawals are not supported at the moment). After using the repayment limit, the system will calculate interest on a daily basis. Customers can repay any amount at any time, and no handling fee will be charged for early repayment.

Penpay is not open to all WeChat users, but is in a small-scale testing stage. Users can log in to WeChat to enter the payment wallet page. If there is an entrance for split payment, they can try to activate split payment. If there is no entrance, it means that the user has not received the invitation. Without an invitation, he cannot experience the payment. Users can first update the WeChat client to the highest version, while maintaining a good credit record and WeChat account activity. After a period of time, users may receive an invitation from the system to experience WeChat payment first. In addition, users with entrances need to pass the review before they can activate disbursement.

WeChat is a free application launched by Tencent on January 21, 2011 to provide instant messaging services for smart terminals. It was created by the product team of Tencent Guangzhou R&D Center led by Zhang Xiaolong. WeChat supports cross-communication operators and cross-operating system platforms to quickly send free (requiring a small amount of network traffic) voice text messages, videos, pictures and text through the network. At the same time, you can also use the data and location-based sharing of streaming media content through *** Social plug-ins such as "Shake", "Moments", "Public Platform", "Voice Notepad" and other service plug-ins. As of the second quarter of 2016, WeChat has covered more than 94% of smartphones in China, with monthly active users reaching 806 million, with users covering more than 200 countries and more than 20 languages. In addition, the total number of WeChat public accounts of various brands has exceeded 8 million, the number of mobile application dockings has exceeded 85,000, advertising revenue has increased to 3.679 billion yuan, and WeChat payment users have reached about 400 million.

WeChat provides public platform, friend circle, message push and other functions. Users can add friends and follow the public through "shake", "search number", "people nearby", and scan QR code platform, while WeChat shares content with friends and the exciting content users see to WeChat Moments. WeChat can not only log in to mobile phones and PC/Mac devices at the same time, but also adds the simultaneous login function of tablet devices. This means that tablet devices are on the same level as mobile phones and computers in the usage logic of WeChat, and users can log in at the same time. The number of devices has also reached as many as 3. News on November 7. The WeChat user complaint page has added the item "Fans' bottomless star-chasing behavior".