No. First of all these two are not the same product, just like QQ chat and WeChat chat is not ****common.
WeChat Wallet is a payment function integrated in the WeChat client, which can be used to pay with WeChat, allowing users to complete a fast payment process through their cell phones. WeChat payment is based on the fast payment of the bound bank card, to provide users with safe, fast and efficient payment services.
CaiPuTong, a feature in QQ, is a professional online payment platform officially launched by Tencent in September 2005, and its core business is to help both parties conducting transactions on the Internet to complete payments and collections. It is committed to providing Internet users and enterprises with safe, convenient and professional online payment services.
The second is that compared to CaiPaiTong, WeChat Wallet supports more usage scenarios in our daily life.
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Expanded Information
About Payment Security
About Payment Security<
WeChat Pay has five major security guarantees to provide users with security and customer service.
Technical protection: WeChat Pay's backend is backed by Tencent's big data, and the massive amount of data and cloud computing can determine in a timely manner whether the user's payment behavior is at risk. The full range of identity protection based on big data and cloud computing maximizes the security of user transactions. At the same time, WeChat secure payment authentication and reminder, technically guarantee the security of each link of the transaction.
Customer service: 7 * 24 hours customer service, coupled with WeChat customer service, in a timely manner for users to solve problems. At the same time for the WeChat payment of the exclusive customer service channel, the fastest speed to respond to the user's raised questions and make processing judgment.
Industry alliance: WeChat Pay, which is based on smartphones, will be protected by a number of cell phone security application vendors, such as Tencent's Mobile Phone Butler, which will form an industry alliance with WeChat Pay for secure payments.
Security mechanism: WeChat Pay has formed a whole set of security mechanisms and means by considering the user's psychological feelings from all aspects of the product experience. These mechanisms and means include: hardware locks, payment password verification, terminal anomaly judgment, real-time monitoring of transaction anomalies, and emergency freezing of transactions. This whole set of mechanisms will form a full range of security protection for users.