WeChat Official Account – What’s it about?

Today, WeChat is one of the most used apps in China. This powerful platform comprises all-in-one lifestyle necessities that drives an average Chinese to use WeChat for roughly 4 hours a day. Comprising of messaging, social, eCommerce & digital wallet features, it transformed the lives of people living in China. Up to date there are 1.3 billion active users worldwide using WeChat and this number increases by the day. As for Malaysia, there is a whopping 20 million active users with roughly 80% between the ages of 18-36 years old. WeChat's Official Account (OA) is a company page for merchants/corporates where it acts as a base of interaction somewhat equivalent to a Facebook Page. The OA taps into the potential…

Benefits using WeChat Pay

Wechat’s digital payment feature – Wechat Pay has changed the way users make payment where it becomes a cashless solution for both eCommerce & offline payments. Thus far, other than a Chinese RMB as China local currency, Malaysia has the privilege to obtain MYR local currency as well. This means that a Malaysian can make transactions locally using MYR. In other countries where there is no local currency, they can only use RMB to conduct transactions which is unfavorable if they can’t accept RMB. There is more than 190% incremental transaction Month-on-month in malaysia since July 2018 whereby MTD local wallet volume surpassed MYR150,000 while cross border volume surpassed MYR400,000. Some benefits in using WeChat pay are, • No Integration…