Wechat is normally a chat service for smartphones, similar to the trusted WhatsApp in Germany. Wechat is operated by the Chinese It all company Tencent. In addition to instant messaging, Wechat also provides the ability to send audio messages, video cell phone calls, share photographs and videos, and show whereabouts and get in touch with information. Furthermore, Wechat comes with an online payment system called “Wechat-Wallet”, that allows payments for, among other things, online shopping, money transfers and mortgage repayments.Wechat-Wallet cooperates with Chinese banks.You can connect at least one charge card with Wechat-Wallet, then you can directly on the payment program Pay via the lender card, together with transfer cash from the lender cards to the Wechat Wallet to pay immediately through Wechat.
From the to begin March, the transfer from the Wechat-Wallet to the bank card is no longer free. The transfer of less than 1000 yuan RMB remains free. For a quantity over 1000 yuan you must give 0.1 percent service fees. At least 0.1 yuan RMB will be paid for every paid transfer.
Wechat explains the change with the actual fact that the company used to shell out the fees that banks fee for the transfer. However, the costs are no more sustainable. Efforts are now being designed to negotiate with the banks for the adoption of the fees.
Wechat has 650 million users. Any modification in the Conditions of Services regarding service fees has been incredibly sensitive. This different measure from Wechat was likewise hotly debated on the web. Many users contemplate it unacceptable. Some users accuse the business that Wechat right any means to increase profits.
Experts happen to be of the judgment that recharge wechat , in addition to cutting costs, also wants to encourage its users to pay for more with the Wechat wallet instead of the bank card. Wechat has already created more repayment options. Many on the net shopping portals such as Jingdong and Didi support repayments through Wechat. Furthermore, Wechat payments can be found nationwide in around 300,000 outlets such as restaurants, parking lots, petrol stations and vending equipment.