No handling fee will be deducted when using WeChat payment with a credit card

No handling fee will be deducted. Online payment and WeChat payment are also considered consumption, and banks do not charge handling fees. WeChat Pay supports debit cards and credit cards from banks including: China Merchants Bank, China Construction Bank, China Everbright Bank, China CITIC Bank, Agricultural Bank of China, China Guangfa Bank, Ping An Bank, Industrial Bank, and Minsheng Bank.

Extended information

WeChat payment is a payment function integrated in the WeChat client. Users can complete the quick payment process through their mobile phones. WeChat Pay is based on fast payment that binds bank cards (debit cards, credit cards) to provide users with safe, fast and efficient payment services.

User binding card

1. Open WeChat, enter the "Me" option, and click "Wallet";

2. After entering the "Wallet" option , click "Bank Card" in the upper right corner, enter the "My Bank Card" option, click "Add Bank Card" to set a password;

4. Enter the name and name of the bank card holder as prompted. ;

5. Fill in the card type and mobile phone number to bind;

6. Your phone will receive a text message with a verification code, fill it in and confirm;

7. Enter twice to complete the payment password setting and the bank card binding is successful.

Reference materials: Baidu Encyclopedia: WeChat Pay

Is there any handling fee for binding credit card consumption to WeChat?

WeChat Pay is used for consumption and is for those who support credit card payment. When merchants pay, there is no handling fee when paying with a bound credit card.

WeChat Pay is a third-party payment platform under Tencent Group and is committed to providing users and enterprises with safe, convenient and professional online payment services. With the core concept of "WeChat payment, more than just payment", it has created a variety of convenient services and application scenarios for individual users. WeChat Pay provides professional collection capabilities, operational capabilities, fund settlement solutions, and security guarantees for various enterprises and small and micro merchants. Users can use WeChat Pay to shop, eat, travel, seek medical treatment, pay utility bills, etc. Enterprises, products, stores, and users have been connected through WeChat, making smart life a reality.

Operation process

WeChat payment process for public accounts

WeChat payment (merchant function) is a public platform that provides promotion and sales to public accounts that need to sell items. , payment and collection, and a complete set of solutions for business analysis. Merchants push product news to subscribers through customized menus, keyword replies, etc. Users can complete the purchase and payment process in the WeChat official account. Merchants can also generate QR codes from product web pages and post them in offline scenes, such as stations and advertising posters. After scanning, users can open the product details and purchase directly in WeChat.

1. Application conditions/application qualifications

To apply to become a public account payment merchant, you must meet the following conditions

(1) Have a public account and be a Service account;

(2) Public accounts must pass WeChat certification; (uncertified users can apply for WeChat certification first);

Warm reminder: After passing the WeChat certification qualification review, You can apply for WeChat payment function.

2. Specific application process:

(1) Enter the application page, public platform => WeChat payment;

Fill in the "Merchant Basic Information", "Business Audit information", "Financial audit information" and other information.

(2) Sign the letter of commitment

After the information is reviewed and approved, follow the guidelines to download the letter of commitment template, sign and seal it;

Warm reminder: " The commitment letter can be downloaded only after all three materials, including "Merchant Basic Information", "Business Review Information" and "Financial Review Information", have been reviewed and approved.

(3) Sign the agreement

Confirm the merchant information and sign the WeChat payment service agreement online without mailing the contract.

(4) Notes

①The review time for each stage is 7 working days.

② If the review fails, you can check the reason for failure in the "Notification Center" of the WeChat public platform. Please modify it and re-upload it.

③ In order not to delay entering the next step, it is recommended that merchants synchronize contract signing with development work (when the review is passed, Tencent will send important development parameters related to WeChat Payment to the email address filled in in the "Business Review Information" middle).

Are there any handling fees for binding credit card payments to WeChat?

Customers will not be charged any handling fees for binding credit card payments to WeChat. Even if there are handling fees for credit card transactions, banks generally charge them to merchants and have nothing to do with customers.

WeChat is a free application launched by Tencent on January 21, 2011 to provide instant messaging services for smart terminals. It was created by the product team of Tencent Guangzhou R&D Center led by Zhang Xiaolong.

WeChat supports cross-communication operators and cross-operating system platforms to quickly send free (a small amount of network traffic is required) voice text messages, videos, pictures and text through the network. At the same time, you can also use *** to stream Media content information and location-based social plug-ins such as "Shake", "Moments", "Public Platform", "Voice Notepad" and other service plug-ins.

Basic functions:

Chat: supports sending voice messages, videos, pictures (including emoticons) and text. It is a chat software that supports multi-group chat (up to 40 people, 100 Group chat with 200 people is in closed beta).

Add friends: WeChat supports searching for WeChat ID (specific steps: click Friends at the bottom of the WeChat interface - add friends - search number, then enter the WeChat number you want to search, and then click Search), check QQ There are 7 ways to add friends: check phone address book and share WeChat ID to add friends, shake to add friends, QR code search to add friends and drift bottle to accept friends.

Real-time intercom function: Users can talk to a group of people through the voice chat room, but unlike sending voices in the group, the messages in this chat room are almost real-time and will not be left behind. Any recording can still be chatted in real time even when the phone screen is turned off.

WeChat Mini Program: On April 17, 2017, the Mini Program opened the ability to "long press to identify the QR code to enter the Mini Program". After testing by Tencent Technology, this function can be used on both iOS and Android. If you cannot open it regularly, please update WeChat to the latest version.

At the end of March 2017, the mini program also added two new capabilities: "third-party platform" and "nearby mini program".

On the evening of September 14, 2017, WeChat quietly updated its version. On the latest Android and iOS WeChat, users will see a must-read message "WeChat Privacy Protection Guidelines" after opening WeChat. Click to agree before using the app.

On November 2, 2017, WeChat quietly launched insurance sales business.

In December 2021, WeChat launched a new function that allows file transfer on the computer without logging in.

High-speed e-Travel;

In March 2018, WeChat directly launched “High-speed e-Travel”! As long as you bind your car to your WeChat account, then activate password-free payment. If you are worried, you can also pre-deposit the toll separately. When exiting the expressway, the license plate will be automatically recognized, money will be automatically deducted from your WeChat account, and a deduction text message will be sent. Achieve first pass and then deduct fees

Is there any handling fee for paying with a credit card using WeChat Pay?

The payee does not need to pay a handling fee when paying with a credit card through WeChat Pay, but the payee needs to bear the corresponding handling fee, which is generally charged at 6‰

Credit card scan payment Is there any fee?

There is a fee for using a credit card for WeChat payment.

From August 1, 2018, WeChat’s credit card repayment function will be adjusted. Each credit card repayment will be charged a handling fee of 0.1, and the amount is accurate to two decimal places, with a minimum of 1 Dimes. However, in the future, random fee reduction activities will be launched one after another.

WeChat pointed out that there will be handling fees for the payment channel behind each credit card repayment, and Tencent’s Tenpay has been providing users with a free user experience through handling fee subsidies. In recent years, with the rapid development of credit card repayment business, channel fee costs have also increased rapidly. In order to properly balance costs and sustainable development, business rules have been adjusted.

Extended information:

From August 1, 2018, only Platinum and Gold members of Wealth Management will continue to enjoy the policy of fully exempting credit card repayment fees, adhering to the "Love" policy. "Fixed Investment Plan", users with fixed monthly transfers of 500 yuan or more can continue to enjoy free repayment services. In addition, all users of Wealth Management will be charged a 0.1 fee for credit card repayments, with a minimum of 10 cents.

In fact, this is not the first time WeChat has adjusted the credit card repayment charging rules. On December 1 last year, WeChat began to charge 0.1% (minimum 0.1 yuan) for each user's cumulative repayment amount exceeding 5,000 yuan per natural month. The portion not exceeding 5,000 yuan is still free.

Reference material: China Net - Tip! From August 1st, WeChat will charge a handling fee for returning credit cards

Is there an annual fee for tying a credit card to WeChat?

There is no annual fee for tying a credit card to WeChat.

WeChat consumption is not included in the number of annual fee-free card swipes. The number of annual fee-free card swipes requires points-based transactions, such as when you go to the supermarket to buy things. WeChat consumption is a point-free transaction.

The earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit limit.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

Diners Club provides members with a card that can prove their identity and payment ability. Members can use the card to record their purchases at 27 designated restaurants without having to pay cash. This is the earliest credit card. This kind of credit card that does not require bank processing is a commercial credit card.

In 1952, Franklin National Bank in California, USA, was the first financial institution to issue a bank credit card, becoming the first bank to issue a credit card.

In 1959, Bank of America issued the Bank of America card in California. Since then, many banks have joined the ranks of card-issuing banks. By the 1960s, bank credit cards were quickly welcomed by all walks of life and developed rapidly. Credit cards became popular not only in the United States, but also in the United Kingdom, Japan, Canada and European countries. Since the 1970s, Hong Kong, Taiwan, Singapore, Malaysia and other regions have also begun to handle credit card services.

In the 1960s, credit cards sprouted and developed rapidly in developed European and American countries such as the United States, Canada and the United Kingdom. After more than 50 years of development, credit cards have been widely accepted in more than 95 countries around the world. In the 1980s, with the reform and opening up and the development of the market economy, credit cards began to enter China as an electronic and modern consumer financial payment tool. In the past ten years, they have developed by leaps and bounds.

This is the introduction to the introduction of credit card WeChat consumption.