From left: Howe Zheng, vice president of Tencent Financial Technology; Bobby Liu, executive director of Chow Tai Fook Jewellery Group; and Royal Chen, vice president of Tencent Financial Technology
Chow Tai Fook Jewellery Group Ltd recently signed a memorandum of understanding with Chinese internet giant Tencent, paving the way for customers to make payments via WeChat Pay, the jewellery retailer said.
Beginning next year, WeChat Pay Hong Kong can be used for all purchases at designated Chow Tai Fook stores in China. The digital payment service will eventually be available in other Chow Tai Fook stores in the mainland.
Bobby Liu, executive director of Chow Tai Fook, commented, “We are committed to providing seamless and exceptional consumer experience through a wide range of innovative projects. The introduction of advanced technology has made it convenient to offer cross-border consumption, online payments and an integrated online-to-offline shopping experience available to customers from Hong Kong.”
Royal Chen, vice president of Tencent Financial Technology, added, “Our collaboration with Chow Tai Fook Jewellery Group will fully make use of the available mobile payment technology. Tencent Technology will vigorously promote cross-border financial cooperation. Leveraging financial and technological advancements, we aim to build a truly integrated service platform for those living in Hong Kong and China.”