Wechat Pay

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Average Score 7.8

Ease of use

9.1

Convenience

6.5

Privacy & Security

7.2

Account Management

8.5

Fees

Withdrawal Fee	Not Available

Features

Receive Money By	Phone Number, QR Code Pay
Send Money By	Phone Number, QR Code Pay
Buy Now Pay Later	No
Debit Card	Not Available
Instant Payments
Payments Method	In-App payments, Online Payment, Physical Stores
Support Withdrawal	Not Available

Supported Services

Supported Services	Online-Shopping

Type of Rewards

Type of Rewards	Cashback, Credits/Points

Top Up

Maximum Top up Amount	No limit but cannot excess Wallet balance of RM4,999
Minimum Top up Amount	Info Not Available
Top Up Method	Online Banking

Wallet Limit

Annual Transaction Limit	Info Not Available
Daily Transaction Limit	RM200 without PIN, RM5,000 with PIN
Monthly Transaction Limit	RM10,000 with PIN, RM500 without PIN
Wallet Balance Limit	RM4,999

Fees

Transaction Fee	FREE

Others

Bank Negara licenses
e-Wallet Type	Open-loop
Membership Tier	Not Available
Supported Operating System	Android, IOS

Wechat Pay

Category: e-Wallet

One of the most popular instant messaging services in China, its financial offshoot landed on local soil in 2019 making Malaysia the first foreign country outside of China to have WeChat Pay enabled in a local currency

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Wechat Pay

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Wechat Pay

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