Wechat withdrawals are free from March

WeChat withdrawals from March onwards Transfers are free

Tencent issued an announcement on the adjustment of WeChat transfer charge to cash withdrawal yesterday. According to the new policy, since March 1, 2016, WeChat paid the fee adjustment policy, and the transfer transaction was restored free of charge. Procedures for over-exchanging transactions are charged. fee.

The specific charging plan is that every user (in the dimension of ID card) enjoys a free withdrawal quota of RMB 1000 for life, and the excess part charges a handling fee based on the bank fee rate. The current rate is 0.1%, and the minimum charge is 0.1 yuan for each transaction. Wechat red envelopes, face to face payment, AA collections and other functions are not affected, free of charge.

In addition to WeChat withdrawal charges, Tencent also announced that on March 1st, WeChat transfer transactions will be free of charge. We know that the WeChat transfer is different from the traditional behavior of transferring a bank card to another bank card. It means that you transfer the money from the WeChat wallet to another WeChat friend. The money is always in WeChat. WeChat announced in October last year that it will start charging for WeChat transfer, with a free transfer amount of 20,000 yuan per person per month (including WeChat transfer and face-to-face scanning). The excess will be charged at 0.1% of the standard, and no fee will be charged for collection. . Last night, the WeChat public relations team introduced that on March 1st, the WeChat transfer function will stop collecting fees.

In the case of competitor Alipay, Tencent public relations experts stated that “What strategy does Alipay choose for its own sake? They transfer fees and make withdrawals free of charge; we transfer money for free and pay excess charges.” Some analysts stated that WeChat’s move to a certain extent Can guide users to leave change in their own payment system, thereby "circling" the user's payment habits.

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