Packets" with values of up to RM88.88 to be given away to users in Malaysia to
celebrate the launch.
MALAYSIA - Media
OutReach - 21
August 2018 - WeChat, the largest social communication platform in China developed by
Tencent, announced today its
launch of payment features in Malaysia called WeChat Pay MY, an innovative mobile
payment solution aimed at delivering local consumers a simple, secure and
convenient mobile payment experience in a range of payment scenarios. The full
integration of WeChat Pay MY with WeChat's ecosystem will enable local
businesses to engage with customers throughout their shopping journey.
WeChat Pay MY enables
users to make payment and transfer money in Malaysian Ringgit (RM) within the
WeChat app -- across a variety of daily online and offline payment needs, from transferring
money to individuals to paying merchants such as telecom carriers, airline and
bus ticket providers, restaurants, supermarkets, chain stores and more.
layers of security protection for both users and merchants, some of WeChat Pay
MY's key features include:
a hurry? WeChat Pay MY's "Quick Pay" is designed to complete transactions, quick
and easy. It is as simple as showing the QR code for the merchant to scan and
enter the payment pin to complete the transaction.KK Super Mart is the first chain store
in Malaysia to accept WeChat Pay MY.
can enjoy the convenience of mobile payment whenever and wherever they go,
without the hassle of carrying a physical debit card or cash with them. To
enjoy the services on WeChat Pay MY, users can choose to top up their wallet
balance by binding their Mastercard or Visa debit card(s) issued by banks in
Malaysia. Each WeChat account can be bound to more than one debit card while
the same debit card can only be bound to one WeChat account.
a social payment function called 'Money Packet', WeChat Pay MY users can make
payments or transfer money instantly without any charges. The Money Packet
feature also offers users a way to express good wishes among friend via its P2P
(peer-to-peer) transaction with the WeChat social network. There are two types
of Money Packets including Individual Money Packet and Group Money Packet.
conjunction with today's launch, Money Packets of a random amount ranging
from RM3.88 to RM88.88 and a prepaid top-up coupon2 of RM2 will be
given away to all users of WeChat Pay MY beginning from 21 August until 28
- Prepaid Top-Up
-- Need more data? WeChat Pay MY now enables
its users to top up their mobile prepaid cards with nine Malaysian telco
carriers including Altel, Celcom, Digi, Friendi, Maxis, Merchantrade, Tune
Talk, U Mobile and XOX.
- Bus and Airline Ticket Purchase
-- Without leaving the WeChat app, WeChat
Pay MY users can plan their trips by purchasing bus and airline tickets, and
even have the option of select their seats through a third-party bus and airline
ticket service provider.
- Wallet Balance Withdrawal
-- WeChat Pay MY users can withdraw the
amount of money stored in their WeChat Pay MY accounts at any time to their own
bank accounts in Malaysia. The withdrawal limit is set at RM10,000 per calendar month.
embraces the digital economy, we are excited to launch WeChat Pay MY, which aims
at facilitating the development of the Malaysian market by introducing local
users and businesses with a simple, secure and convenient mobile payment experience.
We are also pleased to announce that KK Super Mart is the first chain store in
Malaysia to accept WeChat Pay MY. This innovative payment solution does not
only make users daily lives easier and simpler, but also enables merchants to
engage with their customers to create strong loyalty via the WeChat ecosystem,"
said Poshu Yeung, Vice President of Tencent International Business Group.
the launch of WeChat Pay MY, Money Packets will be given away to WeChat Pay My users,
offering them an experience to enjoy the unique feature. Users can either spend it or share it with friends
as a way of expressing good wishes. Moving forward, we will continue to work
closely with local regulators and merchants to introduce different payment
features and scenarios for both online and offline transactions in Malaysia,
which is also aligned with Bank Negara Malaysia (BNM)'s move towards a cashless
society," he added.
Steps to claim 'Money Packet':
Access WeChat Pay MY's promotion
landing page through the QR code of the promotion
Click "Open Now" on the promotion
Click "Claim Now" on the same landing
page to receive a prepaid top-up coupon
As an electronic
money issuer approved by BNM, WeChat Pay MY is now fully available to all users
in Malaysia, aiming at delivering a simple, secure and convenient mobile payment
experience for users through a widening variety of mobile payment scenarios.
With security technologies that comply with international standards, WeChat Pay
MY carries out a 24/7 real-time monitoring on all of the transactions made
through its transaction monitoring system. Users must by default enter a
6-digit payment password for authorization before payment. All user-related
information is stored locally in compliance with Payment Card Industry Data
Security Standard (PCIDSS).
information, users can follow our WeChat Official Account (WeChat Pay MY) or WeChat Pay MY's Official Facebook
and innovates new ways for people to connect, communicate and share. WeChat is
a mobile social communication app designed for smart phone users. WeChat
empowers users in fun and dynamic ways, by bringing together messaging, social
communication and games in one seamless, interactive experience, with comprehensive
privacy and security settings that can be tailored as needed. WeChat provides a
central point of control for users to share voice, photos, videos, and text
messages across their entire social ecosystem. Through Official Accounts,
WeChat allows brands to deliver rich and high-touch appealing content
experiences to engage with and grow their communities. WeChat is available free
to download on Android, iOS, Windows operating system, web version and Mac for
Learn more about WeChat and download the
app at WeChat.com.
Check out the WeChat Malaysia's Facebook Page.
The limit for an
Individual Money Packet is RM200 per transaction, while the limit for a Group
Money Packet is RM1,500 per transaction.
Each WeChat Pay MY user can only
receive one Money Packet and one prepaid top-up coupon during the promotion
period (21 -- 28 August 2018) on a first-come-first-served basis.
 Balance withdrawal limit: Each of the cumulative daily withdrawal limits per wallet account and per bank account is RM4,500 and the cumulative monthly withdrawal limit is RM10,000. As per Bank Negara Malaysia's security guidelines, each of the cumulative daily payment and withdrawal limits on an Android mobile phone is RM1,000.