Currencies supported by WeChat Pay MY? (2024)

FAQs

What currencies are supported by WeChat? ›

Major currencies are included HKD, USD, GBP, JPY, CAD, AUD, EUR, NZD, KRW, THB, SGD, RUB, DKK, SEK, CHF and NOK. WeChat Pay settles each transaction with foreign vendors based on the price in local currency. For unsupported currencies, transactions can be made in US dollar.

WeChat Pay is available in the US too. It was first launched for Chinese tourists visiting the US, but it's now become a handy mobile payment option for expats and international students living here. Not all stores and websites accept WeChat Pay as a payment method though.

WeChat supports signing up with and linking mobile numbers from over 200 countries and regions, including the United States, Indonesia, Hong Kong SAR, Taiwan, and Macao SAR. How do I sign up for WeChat? What if I'm not able to receive my SMS verification code while trying to register?

By binding Visa, Mastercard or JCB credit card through regular card-binding methods, users who don't have mainland bank cards can use WeChat Pay in WeChat Wallet's merchants and cooperative brands in e-commerce, O2O, travel, trip, including JDcom, Ctrip, Qunar, Didi, Air China, China Railway Corporation (12306).

WeChat users can now link credit or debit cards issued by Visa, Mastercard, JCB or Discover for payment at tens of millions of merchants in China, the social media and gaming company said. China is almost a cashless society with $434 trillion in electronic transactions annually.

Some states and regions such as India, Australia the United States, and Taiwan fear that the app poses a threat to national or regional security for various reasons. In June 2013, the Indian Intelligence Bureau flagged WeChat for security concerns.

WeChat Pay is a digital wallet service embedded within WeChat, China's largest social media and messaging app. With WeChat boasting more than 1 billion monthly active users, the platform uses QR codes to facilitate instant mobile payments—a method that has transformed financial behavior in China.

To do this, tap "Me" -> "Wallet" -> "..." (in the top right corner) -> "Switch Wallet Region" and choose China. The funds in wallets in different regions are independent of each other and non-convertible.

In the WeChat executive order (the “Executive Order”), President Trump expressed concern that “WeChat automatically captures vast swaths of information from its users,” which “threatens to allow the Chinese Communist Party access to Americans' personal and proprietary information.”⁶ Section 1(a) prohibits people and ...

Is Alipay or WeChat Pay better? ›

WeChat Pay may be better if the majority of your income is earned and spent in China, and you are looking for an online payment system that integrates into China's most popular social media platform. But if global convenience for financial services is a priority for you, consider Alipay.

No you cannot transfer your money directly from paypal to wechat and alipay.

The Trump administration tried to ban WeChat from U.S. app stores in 2020 on national-security grounds, but a federal judge blocked the ban. The Biden administration revoked President Trump's executive order and kicked WeChat to the Commerce Department in 2021 for a review, as it did with TikTok.

First, you can swap it peer-to-peer with a person who's interested in buying WeChat Pay for fiat money. Generally, this option is more anonymous, but it is also less secure. Second, you can sell WeChat Pay on specialized crypto exchange platforms such as Binance, Coinbase, Crypto.com or FTX.

To do this, tap "Me" -> "Wallet" -> "..." (in the top right corner) -> "Switch Wallet Region" and choose China. The funds in wallets in different regions are independent of each other and non-convertible.

Alipay browser payments are supported for transactions in currencies AUD, CAD, EUR, GBP, HKD, SGD, USD, CHF, JPY, NZD, and CNY. Note that the gateway only supports Alipay for cross-border merchants, i.e., international merchants entering the Chinese market and Chinese tourists abroad that want to pay with Alipay.