On September 5th, Taobao platform announced the addition of WeChat payment capability on Taobao, stating that in order to enhance consumers' shopping experience, Taobao plans to add WeChat payment capability and gradually open it to all Taobao sellers after September 12th.
Based on the increase of the above services, Taobao has upgraded its platform rules accordingly, with the main changes being that the names, accounts, balances, transaction amounts, and other expressions related to payment service providers are uniformly standardized as "payment institution", "payment account", "payment account balance", and "order transaction amount". This adjustment will be announced on September 5, 2024 and will take effect on September 12, 2024.
As a result, the long-awaited full integration of Taobao with WeChat Pay will officially land in seven days.