WeChat Launches 'Credit Card Borrowing' Service in Credit Card Repayment Function

TapTechNews August 14th news, WeChat has recently gray-launched a credit card borrowing service in the credit card repayment function, which is essentially still credit card cash withdrawal, and can be withdrawn to the bound savings card of WeChat payment. According to the introduction, the credit card borrowing mainly includes four major characteristics:

1. Bank borrowing service, and the platform does not charge extra fees;

2. Can be withdrawn to the bound savings card of WeChat payment;

3. The fastest arrival in seconds, and it is convenient for daily use;

4. Repay together with the monthly credit card bill and remind on time.

In this regard, the WeChat payment customer service responded that: This function is still in the testing stage at present. But for which credit cards of which banks are supported and the official launch time of this function, the customer service said that it cannot be confirmed at present and needs to pay attention to the follow-up situation.

For this function, users can find the corresponding entrance through WeChat Me - Services - Credit Card, among which Repayment is the inherent function, and Borrowing is the newly launched function. Generally, the cash advance withdrawal limit of credit card cash installment is 50% of the total credit card limit, but the opening range of borrowing services of various major banks is not the same, and the actual withdrawal limit will change according to the customer's card usage situation.