LINE

Text:AAAPrint
Sci-tech

Alipay not to charge over cash-drawing amid rumors

1
2016-02-17 08:59Xinhua Editor: Wang Fan

Alibaba's mobile payment system Alipay, announced on Tuesday that it will not charge its users for withdrawing cash following speculation by users.

This comes two days after Internet giant Tencent confirmed it planned to charge its WeChat users for withdrawing cash vis its system.

Users of the popular messaging app will be charged 0.1-percent for every cash withdrawal transaction through WeChat starting next month.

However, WeChat will allow every user to withdraw 1-thousand yuan without a fee at the beginning.

Alipay and WeChat Payments now dominate China's mobile payments market, while Apple Pay will be launched in China from 5 a.m. on Thursday.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.