What is WeChat Pay? WeChat Pay Review

WeChat Pay is the international version of WeChat Pay. It is a payment tool launched by WeChat, the international version of WeChat, providing safe, fast and efficient payment services for cross-border trade.

About WeChat Pay

WeChat Pay is a payment function embedded in the WeChat application, which allows users to quickly complete payments using their smartphones. WeChat Pay provides quick payment, payment by scanning QR CODe, in-app H5 payment, and native in-app payment, covering all different user consumption and payment scenarios to meet different user needs. By combining WeChat official accounts, WeChat Pay explores and optimizes the O2O consumption experience, provides Internet solutions for real economy businesses, and is the best choice for mobile payments.

Features and advantages

1. Cashless consumption

Currently, many stores have authorized the use of WeChat Pay for payment, such as KK Super Mart, Hari-Hari, Tealive, LlAOLlao, Starbucks, PeTROn, etc., so you only need to open the WeChat Pay QR Code to pay easily, without having to carry and retrieve a lot of change.

2. Get promotional offers

In order to attract more people to use WeChat Pay, WeChat Pay and many merchants are currently launching promotional offers. For example, if you previously only used WeChat Pay to buy a Starbucks drink that cost more than 10 yuan, now it only costs 10 yuan by using WeChat Pay. In addition, in December, WeChat Pay also cooperated with Petron to withdraw the promotion. As long as you spend more than RM40 on gas, you can get a RM20 discount by paying through WeChat Pay!

3. Buying movie tickets is more convenient

If you want to buy movie tickets online using your mobile phone, you usually need to download the cinema's APP or register an account. But if you buy it through the APP in WeChat Pay, you can save the trouble of downloading or registering.

4.Buying bus tickets is more convenient

This service is launched in cooperation with Easybook, allowing you to easily book bus tickets directly through WeChat Pay.

WeChat Pay FAQs

A: Can I use WeChat Pay on my mobile phone?

Q: WeChat users on iOS and Android can already use WeChat Pay. Please update to the latest version on the Apple App Store or Google Play, then go to [My Settings > Wallet] to start using it right away!

A: Is there any charge for WeChat Pay?

Q: WeChat will not charge any fees for adding a new credit card or using WeChat Pay to make purchases. However, your mobile network operator may charge fees for data traffic generated during the use of WeChat.

A: Is it safe to use WeChat Pay?

Q: Four-fold protection to protect your WeChat wallet:

• When using for the first time, you must set a "payment password" (independent of the login password). You must enter the payment password every time you make a payment

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• You only need to fill in your credit card information once for the first time. You do not need to re-enter it when you make payments in the future. The merchant will not know any of your credit card information.

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• WeChat Pay must be used within your WeChat account and cannot be used by others.

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• Monitor accounts and funds in real time 24 hours a day to prevent suspicious transactions, false transactions, card theft and other risks

Development History

On August 26, 2016, the Hong Kong Monetary Authority issued the first batch of stored value payment tool licenses, including "Wechat Pay HK".

On November 23, 2017, MTR signed an agreement with Tencent to provide WeChat payment ticket purchase services to users in Mainland China and Hong Kong.