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After the technology exploration, I have a more clear understanding of WeChat Pay’s features and implementation; The differences and strength of those online payment systems; the impact and social norms that brings by their popularization; and the further development and collaborations can be seen in the future.

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I want to know more about

1) the reasons why WeChat wallet and other online payment system can popularize all around the world

2) the security issues of using this kind of systems

3) what kind of improvement can be made in the future

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I wanna compare the popularity, functionality and user-friendliness between WeChat and the competitor.

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I’d head of some online payment system implemented for a while. It draws my attention when the “e-red pocket” of WeChat Payment widespread among my friends. It improves the shopping experiences by simplifying the payment process. The compatibility in China is spectacularly well. Also I noticed that the most common criticism of these services is the insufficient of security measures.

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After this project, I have learnt there are several social impacts on using Wechat pay. Changing lifestyle and raising community awareness for charitable cause are some of the impacts in society. WeChat is not only influence China but also in the global.

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WeChat's and the competitor's background and basic function are known since I have used those system before.

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After this project, I have found that WeChat is a multi-functional and user-friendly system. However, there are only limited region is allowed to use.
Also, I have learnt how's this technology brings convenience to our life. For example, we can use it to send red packets and pay water & sewer bills. I hope that those function could be used in Hong Kong.

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I want to know how WeChat influence society from China to global and what behaviors has changed due to WeChat pay.

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TV Show oversea (Study target: WeChat, Online Payment)

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TV Show oversea (Study target: WeChat, Online Payment)

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China Europe International Business School

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Online payments system WeChat Pay expands internationally

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Digital Marketing News; http://webcertain.tv The popular Chinese messaging app WeChat is expanding its online payments system WeChat Pay internationally. Chinese WeChat Pay users will now be able to pay in Hong Kong dollars, Japanese yen, Korean won, US dollars, Canadian dollars, British pounds, Australian dollars, New Zealand dollars and Euros.

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Advertisement of WeChat Payment in Korea

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Advertisement of WeChat Payment in Korea

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중국인이 한국에서도 사용 가능한 위챗페이(wechat payment)_쇼미더이슈_KRP

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8억의 유저, 6억 월간활성화유저(MAU) 6억에 달하는 위챗. 메신저 위챗을 기반으로 결제 기능이 더해졌다! 대부분의 중국인들이 사용하고 있다는 위챗페이, 얼마 전부터는 한국에서도 사용 가능 하다던데... 쇼미더이슈에서 한국에서 위챗결제를 이용하는 중국인들을 만나봤다고 합니다. 덧붙여, 위챗페이는 숙련된 해외결제부문 파트너인 KRP '엑심베이'에서 제공하고 있다는 소식!

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Advertisement of WeChat Payment in China

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Advertisement of WeChat Payment in China

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以下はビデオに出たシーンです。 ・ショッピングモール ・飲食 ・エンターテイメント ・病院

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I want to learn more about how these kind of mobile application can ease our life and what impact it can bring to us.

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Before discussing this project, I know WeChat is the popular application in China as i am one of the user of WeChat. However, I haven't used WeChat Pay before because I don't understand it.

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Isabel wanted to know more how a new technology affect people common practice and its benefits and drawbacks to communities.

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Since the impact of WeChat pay has been increase, it has shown its influence among the world, especially in the economic dimension.

Before, I was only know that the WeChat pay is very convenience and attract consumer to have mobile or online shopping. Therefore,

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I want to find out the economic impact through this report..

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WeChat is a popular moble application in China as long as the global . Recently, the WeChat company has developed a payment method "WeChat wallet" in order to reduce the redundancy and inconvenience of the cash payment. Through WeChat wallet,  users can use the application for daily payment.

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1. The impact of mobile application to the society, the economic, the politic.

2. The potential thread of the application, and the risk of using such online payment application.

3. How to lower the thread and the risk when using the application.

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After the investigation of this report, I have found out that the WeChat pay has not only increases the consumption and revives the economic in China, but also changed the way of consumption and even increase the sales among the world.

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During the investigation, I have started to know how mobile authenticate method can be used as a payment tool. In the development of this payment tools, the security and capacity of using different devices are two important factors. And nowadays mobile payment applications are success in this two manners.

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After the investigation, I learnt the following items:
1) The popularity of WeChat is high. WeChat is looking at expanding their presence outside China.

2) WeChat is based on the point-of-sale (POS) transaction to grow. Numerous of payment method and multiple pre-selected service used for connecting consumer with their wallet through the application.

3) WeChat pay is applying to community generally which expanding the usage of the service, especially based on Chinese culture.

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Since I am the user of WeChat, I knew there are function of mobile payment. I have already try the "red pocket" function at lunar New Year.
Also I know the function is related to credit card and QR technology.
And the security is needed to be concerned.

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During the  investigation, I want to found that how the mobile payment's function works in deeply.
Moreover, i want to know how WeChat is success to link mobile payment to Chinese culture.
Also i want to know the potential of WeChat to develop mobile payment.

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Before starting this project with friends, I have limited knowledge on the techniques of mobile payment and how it is affecting people shopping practice.