China’s social app to rule them all wants to judge you for your purchases
Tencent has a new social credit system tied to WeChat Pay

China’s one app to rule them all, WeChat, has quietly launched its own social credit system -- meaning it plans to give a score to users of its platform based on their financial performance.
WeChat, the app that does everything
If you’re familiar with China’s Social Credit Score, this may sound creepy. But before you tweet this with the word “Orwellian” written in caps lock, hold off a bit, because this isn’t quite as frightening as that: This is reportedly more about earning perks for being good, instead of punishment for being bad.
The new system, called WeChat Pay Score, is similar to rival Alipay’s Sesame Credit: It scores users based on WeChat Pay data, personal consumption, compliance, and other behavior (like fulfilling obligations on time).
(Abacus is a unit of the South China Morning Post, which is owned by Alibaba.)
Sesame Credit is much the same. It tracks your consumption data and habits and gives a score based on which you can get certain perks. This may be a deposit waiver or even the option to apply for a visa without giving bank statements.
We asked WeChat for clarification; they cast doubt on the reports, but declined to explain further.
If the reports are accurate, it could mean that your score would be affected by your friends’ scores. Luckily, the program is opt-in, which is good if your friends aren’t good with money – and let’s face it, most aren’t. (Well, mine aren’t.)