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e-Wallet Wechat Pay (MY) Discussion Thread V1, Officially launched!

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emch3w
post Sep 2 2018, 01:03 PM

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QUOTE(katowwe @ Sep 2 2018, 12:44 PM)
From Nanyang Siang Pau then we know, if you want become a merchant, you still need to register a Wechat Official account and pay Rm300 per year. All transaction will be charge 1% if you are wechat pay merchant.
How you all think about this? If you are retailer, will you register as wechat pay merchant?

Boost has no any charge until 31 December 2018.
*
I guessing only, there were initially having 2 type of payment method:
1. Using terminal (merchant scan you)
2. Using QR Code (you scan merchant QR code and key in the amount)

So far we still haven't see wechat pay MY activate the 2nd method…i believe the 2nd method will only need you to register OA (Official account) whereas using terminal is not needed as you can see in the attachment from Revenue Monster (one of the wechat pay official acquirer) flyer…but it seem like you still need to pay quute some fees for rental and othere thing…

For a small merchant it still quite a burden…

I can understand wechat Pay MY need to let theur merchant acquirer ti survive too…

Hopefully they will do something to reduce the cost for really small merchant…

Just my thoughts…not from any wechat Pay official acquirer


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Xaser_3
post Sep 2 2018, 01:16 PM

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QUOTE(katowwe @ Sep 2 2018, 12:44 PM)
From Nanyang Siang Pau then we know, if you want become a merchant, you still need to register a Wechat Official account and pay Rm300 per year. All transaction will be charge 1% if you are wechat pay merchant.
How you all think about this? If you are retailer, will you register as wechat pay merchant?

Boost has no any charge until 31 December 2018.
*
That cost quite a lot for small merchant's, hence there won't be a very warming response from them. For the bigger retailers, shouldn't be an issue but they them to sign up and start implementing into their POS, so we can start using the service.
TSxperiaDROID
post Sep 2 2018, 01:41 PM

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QUOTE(katowwe @ Sep 2 2018, 12:44 PM)
From Nanyang Siang Pau then we know, if you want become a merchant, you still need to register a Wechat Official account and pay Rm300 per year. All transaction will be charge 1% if you are wechat pay merchant.
How you all think about this? If you are retailer, will you register as wechat pay merchant?

Boost has no any charge until 31 December 2018.
*
It's normal to have charge for merchants, but this is too much for the small merchants.

If they don't change their strategy, I doubt they can have a stable base here.
Xaser_3
post Sep 2 2018, 02:02 PM

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QUOTE(xperiaDROID @ Sep 2 2018, 01:41 PM)
It's normal to have charge for merchants, but this is too much for the small merchants.

If they don't change their strategy, I doubt they can have a stable base here.
*
+1
Exactly the same point I had in mind. It won't be popular if they don't have many merchants adopting their payment system.
wilson1stop
post Sep 2 2018, 02:05 PM

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QUOTE(katowwe @ Sep 2 2018, 01:44 PM)
From Nanyang Siang Pau then we know, if you want become a merchant, you still need to register a Wechat Official account and pay Rm300 per year. All transaction will be charge 1% if you are wechat pay merchant.
How you all think about this? If you are retailer, will you register as wechat pay merchant?

Boost has no any charge until 31 December 2018.
*
that's is official wechat account ANNUAL FEE RM300

This post has been edited by wilson1stop: Sep 2 2018, 02:06 PM
katowwe
post Sep 2 2018, 06:03 PM

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QUOTE(xperiaDROID @ Sep 2 2018, 01:41 PM)
It's normal to have charge for merchants, but this is too much for the small merchants.

If they don't change their strategy, I doubt they can have a stable base here.
*
Yes, if small merchants can't accept this. I, don't know how they do big in Malaysia.
TSxperiaDROID
post Sep 2 2018, 06:13 PM

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QUOTE(katowwe @ Sep 2 2018, 06:03 PM)
Yes, if small merchants can't accept this. I, don't know how they do big in Malaysia.
*
Don't think they're ready to expand to smaller merchants yet, we still don't have the method by scanning the merchants QR code.

Their current method only works for POS system.

This post has been edited by xperiaDROID: Sep 2 2018, 06:15 PM
TSxperiaDROID
post Sep 2 2018, 06:16 PM

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Anyone tried to use it in 99 speedmart yet?

Cuz I'm a bit skeptical if it's available for our Malaysia Wallet or not, cuz the sticker showed outside 99 speedmart that I went previously was showing Wechat Pay logo in chinese instead of english.
liuyouken
post Sep 3 2018, 12:07 AM

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QUOTE(xperiaDROID @ Sep 2 2018, 06:16 PM)
Anyone tried to use it in 99 speedmart yet?

Cuz I'm a bit skeptical if it's available for our Malaysia Wallet or not, cuz the sticker showed outside 99 speedmart that I went previously was showing Wechat Pay logo in chinese instead of english.
*
Already available to 99? Just now bought something but didnt see any logo or displays show it...
TSxperiaDROID
post Sep 3 2018, 12:40 AM

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QUOTE(liuyouken @ Sep 3 2018, 12:07 AM)
Already available to 99? Just now bought something but didnt see any logo or displays show it...
*
Well, at least at the one I went to recently.

But as usual, "system down".

» Click to show Spoiler - click again to hide... «


This post has been edited by xperiaDROID: Sep 3 2018, 12:41 AM
liuyouken
post Sep 3 2018, 08:17 AM

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QUOTE(xperiaDROID @ Sep 3 2018, 12:40 AM)
Well, at least at the one I went to recently.

But as usual, "system down".

» Click to show Spoiler - click again to hide... «

*
Ok which mean more and more shops for Wechat Pay... Wish the system is stable until we won’t require to bring cash along as back up...
Xaser_3
post Sep 3 2018, 08:49 AM

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QUOTE(xperiaDROID @ Sep 3 2018, 12:40 AM)
Well, at least at the one I went to recently.

But as usual, "system down".

» Click to show Spoiler - click again to hide... «

*
Why am I am surprised as it is typical of businesses in MY when implementing something new. Just gotta wait it out until their system becomes "stable" and good enough for daily usage.
TSxperiaDROID
post Sep 3 2018, 11:00 AM

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QUOTE(liuyouken @ Sep 3 2018, 08:17 AM)
Ok which mean more and more shops for Wechat Pay... Wish the system is stable until we won’t require to bring cash along as back up...
*
I think we still have to rely on cash most of the times during the next few years, it's because of the typical Malaysian mindset that's preventing e wallets from going mainstream.

QUOTE(Xaser_3 @ Sep 3 2018, 08:49 AM)
Why am I am surprised as it is typical of businesses in MY when implementing something new. Just gotta wait it out until their system becomes "stable" and good enough for daily usage.
*
What I'm pissed off about is when it's not ready yet, don't freaking stick the sticker outside showing that they accept the e wallet.

This happened to me many times.
Xaser_3
post Sep 3 2018, 11:32 AM

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QUOTE(xperiaDROID @ Sep 3 2018, 11:00 AM)
I think we still have to rely on cash most of the times during the next few years, it's because of the typical Malaysian mindset that's preventing e wallets from going mainstream.

I certainly hope not, at least not that many years before we can go cashless. I see the problem is the mindset of the retailers who emphasize a huge precedence on cold hard cash.

What I'm pissed off about is when it's not ready yet, don't freaking stick the sticker outside showing that they accept the e wallet.
This happened to me many times.

I share the same feelings of frustration as you, Bro. Th3 excitement of trying and using something new, only to be doused by the unprepared retailers.
*
liuyouken
post Sep 3 2018, 12:14 PM

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QUOTE(xperiaDROID @ Sep 3 2018, 11:00 AM)
I think we still have to rely on cash most of the times during the next few years, it's because of the typical Malaysian mindset that's preventing e wallets from going mainstream.
What I'm pissed off about is when it's not ready yet, don't freaking stick the sticker outside showing that they accept the e wallet.

This happened to me many times.
*
Yes we still need to bring cash most of the time but wish that we don’t need to bring cash as back up to go to the shops where e wallet is accepted

The system is ready and staff must be trained to use it as well if not like the Samsung pay is ready but the staff don’t know how to use it and eventually cash is paid 😓


Xaser_3
post Sep 3 2018, 12:20 PM

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QUOTE(liuyouken @ Sep 3 2018, 12:14 PM)
Yes we still need to bring cash most of the time but wish that we don’t need to bring cash as back up to go to the shops where e wallet is accepted

The system is ready and staff must be trained to use it as well if not like the Samsung pay is ready but the staff don’t know how to use it and eventually cash is paid 😓
*
Quite a number of us Samsung Pay users have learnt how to work Samsung Pay when it comes to the checkout and payment process. We even take the effort to teach the staffs/cashiers patiently how to get it to work with the various merchant terminals such as NFC or MST ones. I myself am very persistent that I insist on paying with Samsung Pay where Pay Wave is available or end up walking away if they refuse.
liuyouken
post Sep 3 2018, 12:37 PM

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QUOTE(Xaser_3 @ Sep 3 2018, 12:20 PM)
Quite a number of us Samsung Pay users have learnt how to work Samsung Pay when it comes to the checkout and payment process. We even take the effort to teach the staffs/cashiers patiently how to get it to work with the various merchant terminals such as NFC or MST ones. I myself am very persistent that I insist on paying with Samsung Pay where Pay Wave is available or end up walking away if they refuse.
*
Ya Samsung Pay is already common or familiar to alot people... Initially i just said pay wave and people wondered when i waved the mobile phone to the terminal...

Wechat Pay will go thru it as well before it become common or familiar to people
TSxperiaDROID
post Sep 3 2018, 01:02 PM

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QUOTE(liuyouken @ Sep 3 2018, 12:14 PM)
Yes we still need to bring cash most of the time but wish that we don’t need to bring cash as back up to go to the shops where e wallet is accepted

The system is ready and staff must be trained to use it as well if not like the Samsung pay is ready but the staff don’t know how to use it and eventually cash is paid 😓
*
QUOTE(liuyouken @ Sep 3 2018, 12:37 PM)
Ya Samsung Pay is already common or familiar to alot people... Initially i just said pay wave and people wondered when i waved the mobile phone to the terminal...

Wechat Pay will go thru it as well before it become common or familiar to people
*
If there's still issue when using others like Samsung Pay and Boost, don't expect Wechat Pay to be any different.

Although Samsung Pay is a mobile payment service instead of e wallet, it's easier to use cuz it works on most card terminals. No BS unless there's really something wrong with the card terminal, or the merchant imposed a minimum amount to pay by card.

QUOTE(Xaser_3 @ Sep 3 2018, 12:20 PM)
Quite a number of us Samsung Pay users have learnt how to work Samsung Pay when it comes to the checkout and payment process. We even take the effort to teach the staffs/cashiers patiently how to get it to work with the various merchant terminals such as NFC or MST ones. I myself am very persistent that I insist on paying with Samsung Pay where Pay Wave is available or end up walking away if they refuse.
*
I like the way you think, accept my payment method or you're not getting my money. biggrin.gif
wilson1stop
post Sep 3 2018, 02:02 PM

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QUOTE(Xaser_3 @ Sep 3 2018, 01:20 PM)
Quite a number of us Samsung Pay users have learnt how to work Samsung Pay when it comes to the checkout and payment process. We even take the effort to teach the staffs/cashiers patiently how to get it to work with the various merchant terminals such as NFC or MST ones. I myself am very persistent that I insist on paying with Samsung Pay where Pay Wave is available or end up walking away if they refuse.
*
I still rmb that I'm earlier batches of VISA paywave EON Bank GSC, but GSC staffs was blur blur sotongs, end up only Supervisor helped me many times...
Xaser_3
post Sep 3 2018, 02:02 PM

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QUOTE(liuyouken @ Sep 3 2018, 12:37 PM)
Ya Samsung Pay is already common or familiar to alot people... Initially i just said pay wave and people wondered when i waved the mobile phone to the terminal...

Wechat Pay will go thru it as well before it become common or familiar to people
*
Hopefully with fingers crossed 🤞

Just need more merchants and retailers to adopt and use.

QUOTE(xperiaDROID @ Sep 3 2018, 01:02 PM)
If there's still issue when using others like Samsung Pay and Boost, don't expect Wechat Pay to be any different.

Although Samsung Pay is a mobile payment service instead of e wallet, it's easier to use cuz it works on most card terminals. No BS unless there's really something wrong with the card terminal, or the merchant imposed a minimum amount to pay by card.
I like the way you think, accept my payment method or you're not getting my money. biggrin.gif
*
LOLz.....we had a brainstorming session some time ago, over at the Samsung Pay thread V1 and came to a conclusion, the best ways to go about making payments at merchants/retailers who are Pay Wave enabled but refuse to accept Samsung Pay. I suppose the efforts paid off eventually.

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