Wechat launches e-wallet in Malaysia, offers Money Packets worth up to RM88.88
The long awaited e-wallet by Wechat that have dominated China, the Wechat Pay, is finally officially launched here in Malaysia. The Malaysian version of the feature will be called Wechat Pay My. In conjunction to the launch, Wechat is giving out free Money Packets ranging from RM3.88 to RM88.88 for those who register before 28 August for its service.
On top of the Money Packets, RM2 coupon for mobile top-up is also given.
To get the Money Packet, scan the QR code above using your Wechat QR Scan. You could be getting up to RM88.88 for free in the Money Packet.
“As Malaysia embraces the digital economy, we are excited to launch WeChat Pay My, which aims to facilitate the development of the Malaysian market by introducing local users and businesses with a simple, secure and convenient mobile payment experience,” says Tencent International Business Group vice president Poshu Yeung.
Money Packets is a peer-to-peer payment system that allows users to transfer money to others or a group with no service charge.
Poshu says that WeChat Pay My has received Bank Negara’s approval to act as an electronic money issuer, and has implemented security technologies that comply with international standards, including 24/7 real-time monitoring of all transactions.
Other features include Quick Pay which allows users to generate a QR code that merchants can scan to pay for a transaction and Debit Card Binding which lets users associate multiple cards to top up their e-wallet.
Users can also withdraw money from their accounts by transferring it to their local bank accounts as long as it doesn’t exceed RM10,000 a month.
UPDATE: Looks like Wechat ran out of Money Packets to give out for today. Well… that was fast. There will be more tomorrow and possibly refreshes everyday until 28 August though. Be fast next day if you haven’t got it yet !