No charges to transfer back to bank account for cash withdrawal?

If there is the case, I can use BigPay to topup wechat pay money, then transfer back to bank account for cash withdrawal.

Indirectly, I can withdraw credit card money to pay any installments like car loan and housing loan. Earn extra credit card points or cash rebate.

There is limit for withdrawal in WeChat Pay/mth which is RM10k/mth if I'm not mistaken.

Is good enough for each month.

Haha.. Same thought..

There is so many ewallet payment systems launched for since last year. However I really didn't notice any of these gain any traction support from retailers. Hope Wechat pay could gain more support from retailers.

i think it's because too inconvenient for users. i wouldn't want to have an e-wallet which only allows me to pay at merchant A. I want a wallet that encompasses as many merchants as possible

And what’s the point of the need to top up in wallet before make payment, troublesome

So far the only one that's progressing the most is Boost, but it's still far from being a proper e wallet solution. One thing in common for local e wallet apps, they only know how to launch their app but don't make it work, the purpose of e wallet is to replace our physical wallet, providing us a convenient way of making payments. I've used the local ones before, they're really shit, there are 3 common things that will happen...

1. Merchant doesn't support the e wallet you're using
2. Merchant is hesitant to let you use it
3. Merchant doesn't support any e wallet at all

We have like more than 10 local e wallet apps running here, so are they expecting people to install 10 e wallet apps and manage the 10 of them?

They only know how to flood the market with their app instead of improving it. Take a look at China, they only have 2 major e wallet apps and people there use it everyday, and it's supported like everywhere.

I hope Wechat can change it, since they have the experience and the budget.

Eventually most of them will die out

You are right. In China, even the street performers have 2 QR code printed out for audience to pay them instead of a milo tin.

Advantage of WeChat is user base, more user has already installed WeChat in their phone compare to other e-wallet services.

Still very buggy, verification of IC have a lot blank item on the list and verification is spelt as verifiDation for some reason

Just registered a new wechat account , and wallet already available inside wechat.

Actually nothing much can be do with the wallet yet, so just wait few more days.....

Agree. “Hundreds” of the mobile payment app in Malaysia. Only can see Fave and Boost working to expand their network. KiplyPay, BigPay, TnG, MaybankQR can close their service actually.

Fave doesn't seem bad either, and since they're on some partnership with Boost, I wonder why they don't merge into one service? Surely bigger coverage will lead to bigger community. I have yet to uninstall Boost, since they're from the locals and quite progressive I'm giving them a chance, so hope they can do something before Wechat Pay takes off here.

BigPay is an entirely different system actually, it's a prepaid card that uses the app to track your transactions of what you buy. Other ones like KiplePay, TnG, MaybankQR, vCash, One2Pay, Mcash, you name it...they should just close down really.

This post has been edited by xperiaDROID: Jun 6 2018, 11:36 PM

Fave will charge very high merchant fees, very hard to penetrate merchant side, but do give cash back to consumer

For this Malaysia wallet, I'm only interested with top up via BigPay and withdrawal.

For real usage of WeChat Pay, until our e-wallet scene is matured here otherwise I will continue using my WeChat Pay in China.

As of now, it's still not pushed to my account yet. I hope WeChat will really roll out on 11th as what they responded to me.

Hi, my WeChat app only allow me to add debit card, not credit card. Any idea ?

That should be the way. For Malaysia wallet only debit or prepaid cards.