WeChat Allows Tranfers via Phone Number! New Feature!

WeChat has rolled out a new payment feature that lets people transfer money using a mobile phone number. 

As one of the most popular mobile payment methods, WeChat Pay introduced a new payment feature on Wednesday. Let’s check the details first! 

 

WeChat Allows Tranfers via Phone Number! New Feature!

The new feature is currently available in the latest version for iOS (7.0.8) and Android (7.0.7).

WeChat users can transfer money to the receiver by entering a phone number. The funds will be automatically deposited into the receiver’s WeChat Wallet.

Both the payer and the payee’s WeChat accounts are required to be linked to valid mobile numbers.

The sender can transfer money to any WeChat user, even those that are not a friend, as long as the mobile payment feature is enabled.

 
Here comes a concrete operation example. 
 

01

Enable the feature 

  • Open “Me” > “WeChat Pay” > “…” 

  • Enable “Receive Transfers via Mobile Number” 

 

WeChat Allows Tranfers via Phone Number! New Feature!
Click to enlarge the full size

02

Transfer Money via Mobile No. 

  • Open “Me”>”WeChat Pay” > “Money” > “Transfer to Bank Card/Mobile No.”

WeChat Allows Tranfers via Phone Number! New Feature!

  • Select “Transfer to Mobile Number” > Enter payee’s mobile number > Enter transfer amount and pay

WeChat Allows Tranfers via Phone Number! New Feature!

  • Once you complete the transfer, you’ll receive notice. 

WeChat Allows Tranfers via Phone Number! New Feature!

You can verify the payee’s full name to ensure that you are sending money to the right person, and select transfer time to further protect transfers security. 

WeChat Allows Tranfers via Phone Number! New Feature!

 

If the payee has not enabled this feature, you can’t transfer money by this method. 

WeChat Allows Tranfers via Phone Number! New Feature!

“Payment is one of the key infrastructure platforms of the company, enabling us and our merchant partners to complete transactions for online and offline services,” according to a Tencent report. “We extended our market leadership as the leading mobile payment platform by active users and the number of transactions in China.” 
Alipay also has a similar feature that allows people to transfer money via mobile phone number. 
What’s more, Bank of China, China Merchants Bank, and Industrial and Commercial Bank of China have also launched payment features using a mobile phone number. 

Share to let your friends know!

WeChat Allows Tranfers via Phone Number! New Feature!

SOURCE | AppSo / TechNode

👇These Articles May Help You
WeChat Allows Tranfers via Phone Number! New Feature! You’ll Be Blacklisted for These Transactions! Strict Rule!
RMB With These Numbers Are All Fake! Pay Attention!
How Much Money Can I Bring When Entering China?