The Truth About The New WeChat Service Charge

Matthew Brennan Tencent

A new WeChat service charge of 0.1% was announced for China users making withdrawals starting from March 1st 2016.  At the same time WeChat is cancelling its previous policy of charging 0.1% on cumulative monthly transfers above 20,000 yuan. The announcement has caused much confusion and debate. Below we explain: How this will affect you? & Why is WeChat doing this? New Service Charge …