WeChat Pay in Malaysia opens before Hari Raya in June

Whether you are a big store or a street food stall, whether you are strolling the streets of the mainland, you can see QR codes.

Everyone can use their mobile phone to scan a QR code to buy food or goods.The stall owner does not need to be separated to find change.

As two giants in the field of electronic payment in ChinaWeChat payment和Alipay, is expected to open in different forms in the first half of 2018马来西亚The local currency e-wallet has made industry insiders optimistic that e-payment will change the consumption habits of the Malaysian people.

Although earlier, it was reported that Tencent will launch the WeChat local currency e-wallet in the first quarter of this year.

However, industry insiders said that during the Spring Festival, WeChat Pay could not open local currency wallets.This makes it impossible for Malaysians to experience using ringgit for the first time in the new yearwechat red envelopefun of.

Two of China's leading companies, Alibaba and Tencent, often spend a lot of money creating new ways of playing in order to capture the e-payment market.

Since Tencent WeChat launched the "Red Envelope" on the eve of New Year's Day in 2014, although it started 10 years later than Alipay.

It is interesting to note that WeChat has successfully and rapidly emerged on the Chinese social network, because WeChat Pay has launched the "grab red envelopes" function.

2000 million WeChat users

If WeChat Pay can activate the local currency e-wallet function during the Lunar New Year period, then after WeChat Pay is activated, do it in Malaysia.Wechat marketingwill be very helpful.

Malaysia has more than 2000 million WeChat users and has a certain mass base.Therefore, WeChat has opened a local currency e-wallet.E-commerceIndustry will play a big role.

Tencent announced last year that WeChat had made a "breakthrough" in Malaysia's electronic payment license application.Users of WeChat Malaysia are expected to be able to conduct WeChat transactions on WeChat Pay cards in the first quarter of this year.

Nonetheless, industry sources say, as some of the details have not been resolved:

• The WeChat “Ringgit Wallet” is not yet available for Chinese New Year, but it is believed that it may officially launch in May, June or before the Hari Raya holiday.
• Local banks will continue to provide service support for WeChat e-wallets in the future.

1 people experience in advance

Although the outside world is low-key, industry insiders have learned that China's Tencent Holdings Co., Ltd. has deployed the ringgit e-wallet as early as 2 years ago, and selected Malaysian WeChat users to use the beta version of the Malaysian wallet.

Selected Malaysian WeChat users have dual currency wallets that can switch between China and Malaysia.They can use MYR bank card and use RM electronic transaction to experience some WeChat payment functions in advance.

Chen WeiliangI have seen some friends who use the overseas beta version of WeChat in Malaysia.

At first, that friend thought that friends around had dual versions that could switch wallets in different regions.He later found out that he was a "special user".

According to his understanding, only 2000 of the 10000 million WeChat users in Malaysia have this version, but this beta version has limited functionality.

While the trial version has a dual version of WeChat and can switch between wallets in China and Malaysia, it doesn't have a currency conversion feature.When he needs to trade in RMB, he still needs to find cross-borderSmall tradehelp exchange.