TENCENT(HK:00700) Sou Hu Cai Jing·2025-06-18 07:07Core Insights - The 2025 China International Financial Expo showcased WeChat Pay's advancements in technology innovation, consumer support, inbound payment services, and social responsibility initiatives [1][3][9] Group 1: Technology Innovation - WeChat Pay demonstrated its latest applications of palm recognition technology in public transport and dining for the elderly, as well as exploring iris XR applications [1][7] - AI technology has been integrated into various processes, improving efficiency in merchant service and document verification by over 50% [7] Group 2: Consumer Support - WeChat Pay introduced new digital tools for small and micro businesses, including "payment links" and "distribution management" to enhance operational efficiency [3] - The company has implemented subsidy activities in response to national policies, with over 10 billion yuan in subsidies for the home appliance sector, driving consumption growth [3] Group 3: Inbound Payment Services - WeChat Pay upgraded its inbound payment services, allowing foreign users to bind international cards and use local wallets for seamless transactions in China [5] - In June, the number of transactions made by foreign users through WeChat Pay was three times that of the same period last year [5] Group 4: Social Responsibility - The "Love Store" initiative was launched to support businesses providing free meals, with nearly 100,000 merchants participating since its launch in March 2025 [9] - The initiative aims to promote goodwill and encourage more merchants to engage in charitable actions [9]