![]() However, we find ourselves in t hat exact situation ourselves, so will be spending our days searching for the solution, and if we find it, then you, dear readers, will be the first to know. So try digging out the old card you originally registered to WeChat with? (Nightmare, we know).įor those who cannot find that card / that card has expired / that bank account is now closed, the two banks we visited this morning both suggested opening a new bank account with the name (and passport number) that matches the pre-existing bank name as registered with WeChat. (Double nightmare, we know).įor those that are unable to do that. Now, as for those who cannot withdraw their WeChat wallet to zero, they need to find a way to link to a bank card and account that matches their pre-existing bank name as registered with WeChat. Please also note, the process of cancelling WeChat Pay and adding it again will wipe what money is left in your WeChat wallet and delete your entire transaction history. From March 1 WeChat will charge users a fee of 0.1 percent when they transfer money from the app’s built-in digital wallet to their personal bank account. By the third quarter of 2018, there were more than 800 million active users and millions of transactions. *Your phone number and the spelling and order of your name must match exactly (including spacing) with your bank to link cards. The short answer is yes, foreigners are allowed to use the WeChat pay service while in China to pay for goods or send money to friends. WeChat Pay is the digital wallet of almost all Chinese. You should then receive a text message code for verification, and then all will be well in the WeChat world once more. Withdraw WeChat wallet balance to zero (or as close to zero as you can)Ĭancel WeChat Pay in 'Payment Management' China CITIC Bank International Limited (CNCBI) launches Hong Kongs first-ever Deposit Account Binding to WeChat Pay, which allows you to enjoy the. In 2014, male users of China e-payment account for up to 57.3, while female users only account for 42.7. WARNING: If you cannot do Step 1 – withdraw WeChat wallet balance to zero – do not cancel WeChat Pay, or you'll lose all the money in your WeChat wallet. iResearch released a report on Chinese electronic payment users in 2015, which shows data of China e-payment and its users. However, the good news is that, for many ( but not all) there seems to be a fairly simple solution to the issue, by following the following eight steps. And you cannot simply reset your bank name as registered with WeChat. The major issue for most is that their bank name as registered with WeChat does not match their bank name as registered with their bank. There has been a tightening up the verification requirements (thanks for giving us zero warning on this one, WeChat.), and many people have found themselves on the wrong side of said regulations. ![]() Woken up this morning to find your WeChat Pay will no longer work?
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