(Yicai Global) Nov. 17 -- China's internet giant Tencent Holdings Ltd.'s [HKG:0700] social messaging app WeChat users in Guangzhou, South China's Guangdong province, have started paying for subway tickets with the help of a WeChat mini program, scanning the QR code to enter subway stations, Guangzhou Metro announced on its website yesterday.
Tencent and Guangzhou Metro also signed an agreement on the same day to cooperate in the field of intelligent transportation. Both parties simultaneously announced the official launch of the 'Guangzhou WeChat Transport Code' mini program which allows passengers to enter subway stations after a QR code is generated via the mini program.
"Through the application of the code, Tencent hopes to connect mobile payments with public transportation, create smart transportation, lead it to an efficient and low-carbon mobile payment era, and provide users with safe, convenient and comfortable public transport services," said Zheng Haojian, vice president of Tencent.
Tencent's transport code is used in several cities such as Qingdao in East China's Shandong province and Hefei, capital of the eastern Anhui province.