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

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liuyouken
post Sep 3 2018, 10:32 PM

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QUOTE(fruitie @ Sep 3 2018, 09:07 PM)
Yes, every time I visit China, the cash I brought over is getting lesser. laugh.gif
They look at you one kind if pay with cash. laugh.gif
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Ya... they will look at you and think which century are you from laugh.gif Basically e-wallet like Wechat Pay has replaced cash as the medium of exchange in China... it has every feature of cash and even do the job better... one of the major drawback is the connectivity issue like you said

Wechat Pay just started here and a long way to go.
tanaumaga
post Sep 3 2018, 10:34 PM

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QUOTE(fruitie @ Sep 3 2018, 07:26 PM)
Came back from China yesterday and I cannot imagine my life without e-wallets.

I exchanged RMB 500 cash and only spent RMB 85 cash because my phone had no 4G that time (I was in a high speed rail train). laugh.gif

I have both Alipay and WeChat Pay, both are equally convenient. My friend prefers Alipay because she can earn interest (only for verified Mainlanders). WeChat has its advantage too, for e.g. hawkers by roadside, most of them are normal end users, they prefer WeChat Pay.

My advice? Get both, no regret at all. Don’t bother about credit cards because they don’t accept ours except if you visit first tier cities like Beijing, Shanghai and etc.

My next trip challenge will be, I will only bring RMB 100 cash for whole trip. I haven’t encountered situation where e-wallet payments are not accepted. Even old grandma of 80 years old selling food by roadside accepts WeChat Pay.
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I only have wechat pay activated.

For my last china trip, i only use cash for hotel deposit, as they dont acccept e-wallet payment; and this one shop that only accepts alipay.

Its really nice to go through the day without needing to reach for your wallet to pay, and the hussle to keep the small notes and coins, even beggar's donation can be done by wechat pay.
fruitie
post Sep 3 2018, 10:52 PM

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QUOTE(liuyouken @ Sep 3 2018, 10:32 PM)
Ya... they will look at you and think which century are you from laugh.gif Basically e-wallet like Wechat Pay has replaced cash as the medium of exchange in China... it has every feature of cash and even do the job better... one of the major drawback is the connectivity issue like you said

Wechat Pay just started here and a long way to go.
*
They don't have small change to give you back, so prefer payment over digital way. laugh.gif

I really wish we can go further especially credit cards now have SST, I wish e-wallets business will bloom here.

QUOTE(tanaumaga @ Sep 3 2018, 10:34 PM)
I only have wechat pay activated.

For my last china trip, i only use cash for hotel deposit, as they dont acccept e-wallet payment; and this one shop that only accepts alipay.

Its really nice to go through the day without needing to reach for your wallet to pay, and the hussle to keep the small notes and coins, even beggar's donation can be done by wechat pay.
*
Yes, beggars accept WeChat pay. laugh.gif
TSxperiaDROID
post Sep 3 2018, 11:18 PM

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QUOTE(fruitie @ Sep 3 2018, 10:52 PM)
I really wish we can go further especially credit cards now have SST, I wish e-wallets business will bloom here.
*
It depends on three sides to make that happen...government needs to encourage the usage of e wallets and also control the flooded e wallet market, merchants need to adopt e wallets, and consumers like us need to use it.

Anyone here who wishes to see the day that our lovely Malaysia becomes a cashless country, please support and use e wallets (Boost, Wechat Pay, Favepay etc.) more often when the merchant accepts it.
fruitie
post Sep 3 2018, 11:25 PM

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QUOTE(xperiaDROID @ Sep 3 2018, 11:18 PM)
It depends on three sides to make that happen...government needs to encourage the usage of e wallets and also control the flooded e wallet market, merchants need to adopt e wallets, and consumers like us need to use it.

Anyone here who wishes to see the day that our lovely Malaysia becomes a cashless country, please support and use e wallets (Boost, Wechat Pay, Favepay etc.) more often when the merchant accepts it.
*
No worries, I use a lot of e-wallets here too. laugh.gif

TSxperiaDROID
post Sep 3 2018, 11:28 PM

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QUOTE(fruitie @ Sep 3 2018, 11:25 PM)
No worries, I use a lot of e-wallets here too. laugh.gif
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Which e wallets are you using here?
fruitie
post Sep 3 2018, 11:32 PM

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QUOTE(xperiaDROID @ Sep 3 2018, 11:28 PM)
Which e wallets are you using here?
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GrabPay and Boost are the main ones. Sometimes Fave. I think that's all.
Lingohal
post Sep 3 2018, 11:44 PM

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QUOTE(fruitie @ Sep 3 2018, 10:52 PM)
They don't have small change to give you back, so prefer payment over digital way. laugh.gif

I really wish we can go further especially credit cards now have SST, I wish e-wallets business will bloom here.
Yes, beggars accept WeChat pay. laugh.gif
*
Buying metro train tickets still require cash. I've encountered twice at train stations where people asking me for money to buy train tickets and they would transfer it back to me via wechat pay. They are so used to not bringing cash out. biggrin.gif
fruitie
post Sep 3 2018, 11:50 PM

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QUOTE(Lingohal @ Sep 3 2018, 11:44 PM)
Buying metro train tickets still require cash. I've encountered twice at train stations where people asking me for money to buy train tickets and they would transfer it back to me via wechat pay. They are so used to not bringing cash out. biggrin.gif
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I think these days can scan QR code, my friend told me she kinda saw it in Beijing. I didn't go to Beijing this time so cannot validate, however I boarded on public bus and I will need to turn on my WeChat QR code to let the scanner scan and charge my wallet for the fare. This is in Guangxi.
skty
post Sep 4 2018, 02:41 AM

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QUOTE(fruitie @ Sep 3 2018, 07:26 PM)
Came back from China yesterday and I cannot imagine my life without e-wallets.

I exchanged RMB 500 cash and only spent RMB 85 cash because my phone had no 4G that time (I was in a high speed rail train). laugh.gif

I have both Alipay and WeChat Pay, both are equally convenient. My friend prefers Alipay because she can earn interest (only for verified Mainlanders). WeChat has its advantage too, for e.g. hawkers by roadside, most of them are normal end users, they prefer WeChat Pay.

My advice? Get both, no regret at all. Don’t bother about credit cards because they don’t accept ours except if you visit first tier cities like Beijing, Shanghai and etc.

My next trip challenge will be, I will only bring RMB 100 cash for whole trip. I haven’t encountered situation where e-wallet payments are not accepted. Even old grandma of 80 years old selling food by roadside accepts WeChat Pay.
*
I went to Beijing during May 2018. Whole trip spending using cash. Ticket to Great Wall, Dynasty Palace, etc all also can buy with cash.

I am going to Guangzhou again on 8 September 2018. Will bring cash as well. E-wallet is for convenience, but that doesn't mean they don't accept cash.
MilesAndMore
post Sep 4 2018, 04:21 AM

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QUOTE(skty @ Sep 4 2018, 02:41 AM)
I am going to Guangzhou again on 8 September 2018. Will bring cash as well. E-wallet is for convenience, but that doesn't mean they don't accept cash.
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The Communist Party issued a statement last month that merchants refusing to accept cash can be slapped with a hefty fine.

Anyway, telcos play a major role to make sure payment by e-wallet works too. I’ve beenin situation where my Digi data wasn’t working and I wasn’t able to pay with FavePay. This happened at Sunway Pyramid’s Mr. Fish and Komugi doh.gif

This post has been edited by MilesAndMore: Sep 4 2018, 04:22 AM
liuyouken
post Sep 4 2018, 07:20 AM

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QUOTE(skty @ Sep 4 2018, 02:41 AM)
I went to Beijing during May 2018. Whole trip spending using cash. Ticket to Great Wall, Dynasty Palace, etc all also can buy with cash.

I am going to Guangzhou again on 8 September 2018. Will bring cash as well. E-wallet is for convenience, but that doesn't mean they don't accept cash.
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You are right as tourist basically has no official access to e-wallet in CNY. In other words the practice can’t be imposed to tourist and to accept cash.
coolguy99
post Sep 4 2018, 08:24 AM

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How is alipay different from Boost? Do they have this separate terminal like Boost for merchant to scan? Just wondering how is the adoption rate so high
Xaser_3
post Sep 4 2018, 08:37 AM

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QUOTE(MilesAndMore @ Sep 4 2018, 04:21 AM)
The Communist Party issued a statement last month that merchants refusing to accept cash can be slapped with a hefty fine.
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Wow! That is serious, orders coming from the CCP. No wonder everybody is scares and just comply. Btw, it is unfair to foreign tourist in China who do not have access to their local e-wallet.
fruitie
post Sep 4 2018, 08:48 AM

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QUOTE(skty @ Sep 4 2018, 02:41 AM)
I went to Beijing during May 2018. Whole trip spending using cash. Ticket to Great Wall, Dynasty Palace, etc all also can buy with cash.

I am going to Guangzhou again on 8 September 2018. Will bring cash as well. E-wallet is for convenience, but that doesn't mean they don't accept cash.
*
Wow wow, since when did I say they didn't accept cash? Don't misinterpret my post la. I travel to China every year, sometimes few times per year, of course I know how it works there. I was just saying its convenience, without accessing to wallet is a great convenience.

QUOTE(coolguy99 @ Sep 4 2018, 08:24 AM)
How is alipay different from Boost? Do they have this separate terminal like Boost for merchant to scan? Just wondering how is the adoption rate so high
*
Some use terminals, some just stick QR code on their counter, just scan and pay.

This post has been edited by fruitie: Sep 4 2018, 08:50 AM
coolguy99
post Sep 4 2018, 09:24 AM

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QUOTE(fruitie @ Sep 4 2018, 08:48 AM)
Wow wow, since when did I say they didn't accept cash? Don't misinterpret my post la. I travel to China every year, sometimes few times per year, of course I know how it works there. I was just saying its convenience, without accessing to wallet is a great convenience.
Some use terminals, some just stick QR code on their counter, just scan and pay.
*
Meaning it is similar to what boost is doing then..hmm then it’s all up to user’s resistant to change and adopt
SUSDavid83
post Sep 4 2018, 10:19 AM

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It's September and Switch Wallet Region still region.

Do I have to wait till "wake me up when September ends'?
fruitie
post Sep 4 2018, 10:24 AM

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Luckily I checked my wallet yesterday and realised I still have RM 2 discount for reload. I received reminder while I was in China though, quickly used the free cash credit by HLB and RM 2 discount to purchase XOX reload for my dad. thumbup.gif
TSxperiaDROID
post Sep 4 2018, 10:29 AM

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QUOTE(skty @ Sep 4 2018, 02:41 AM)
I went to Beijing during May 2018. Whole trip spending using cash. Ticket to Great Wall, Dynasty Palace, etc all also can buy with cash.

I am going to Guangzhou again on 8 September 2018. Will bring cash as well. E-wallet is for convenience, but that doesn't mean they don't accept cash.
*
During my previous trip, which was from Shanghai to Suzhou to Wuxi, the merchants/retailers that I visited did accept cash. It's awkward yeah, but there's no reason for them to not accept cash, not that they would look at you weirdly, just that they would know you're a tourist.

QUOTE(MilesAndMore @ Sep 4 2018, 04:21 AM)
The Communist Party issued a statement last month that merchants refusing to accept cash can be slapped with a hefty fine.

Anyway, telcos play a major role to make sure payment by e-wallet works too. I’ve beenin situation where my Digi data wasn’t working and I wasn’t able to pay with FavePay. This happened at Sunway Pyramid’s Mr. Fish and Komugi  doh.gif
*
And yet Digi wants people to use their Vcash e wallet lol.

QUOTE(fruitie @ Sep 4 2018, 08:48 AM)
Some use terminals, some just stick QR code on their counter, just scan and pay.
*
QUOTE(coolguy99 @ Sep 4 2018, 08:24 AM)
How is alipay different from Boost? Do they have this separate terminal like Boost for merchant to scan? Just wondering how is the adoption rate so high
*
Correct me if I'm wrong, but that kind of terminal doesn't exist in China. When I was in China, I only saw merchants that either have the QR code sticker on their counter or it's implemented into their POS system so that they will scan the customer's code instead.

The terminal that we have here is just a stupid idea, that's where you will get bunch of BS like system down blah blah blah.
Xaser_3
post Sep 4 2018, 10:30 AM

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QUOTE(David83 @ Sep 4 2018, 10:19 AM)
It's September and Switch Wallet Region still region.

Do I have to wait till "wake me up when September ends'?
*
Yes, so far no new update to indicate they have fixed the region change issue.

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