Date
19 October 2017

Sina may soon launch credit service for Weibo users, report says

Sina.com may launch this month a new credit payment service which will enable users of the firm’s Weibo microblog platform to make purchases with electronic wallets even without a stored value or link to a bank card or credit card, news website techweb.com reported Wednesday. Users will only be required to login into their Sina Weibo accounts on their mobile phones to enjoy a credit line of up to 5,000 yuan (US$821), the report said.

– Contact HKEJ at [email protected]

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