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WeChat pay, alipay or credit cards?
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xiaoc.wu
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Dec 1 2017, 05:22 PM
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Getting Started

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QUOTE(vanillapire @ Nov 30 2017, 08:51 PM) So, news reporting that WeChat pay would soon make available in the Malaysian markets with ringgit transactions and that is going for real by 218. Their rival Alipay has also announced to launch the payment solutions in the country in the view making Malaysia as a gateway to expand to other ASEAN markets through the DFTZ. Would you use them because of its convenience given the fact that Visa and MasterCard plastic offer some privileges like cash back, bonus to name a few. Yes I will use them, since I do not to carry my wallet everywhere I go, all I need is a smart phone.
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xiaoc.wu
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Dec 2 2017, 10:28 AM
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Getting Started

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QUOTE(Xaser_3 @ Dec 1 2017, 10:08 PM) Yeah same here. It is really convenient with just the smart phone when implemented locally here in Malaysia. looks like cashless era is not far
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xiaoc.wu
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Dec 2 2017, 10:52 AM
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Getting Started

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QUOTE(r3d2 @ Nov 30 2017, 11:44 PM) WeChat and Alipay in China does not command any transaction fees unless you are moving the cash into your bank account or withdrawing it. Basically most day to day transaction for customers and sellers are FOC. If they banks here requires a transaction fee, It will die a natural death as many sellers will not be bearing the transaction fee and refusing to accept it. This makes the payment not popular to entice more people to opt for cashless payment. I heard their banks are not allow to collect transactions fees of this kind. It is actually a LAW now.
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