WeChat Pay Drops Minimum Withdrawal Fee to 0.01 Yuan in Major Pricing Overhaul
In a recent development that has garnered significant attention, WeChat, the ubiquitous Chinese multi-purpose messaging, social media, and mobile payment app, has adjusted its minimum withdrawal fee to 0.01 yuan. This change, confirmed by Tencent customer service on August 1, 2024, marks a notable shift in the fee structure for users who utilize WeChat Pay for financial transactions. The new rule stipulates that after the free withdrawal quota is used up, any excess amount will incur a service fee of 0.1% of the withdrawal amount, with a minimum charge of 0.01 yuan for transactions where the service fee is less than this amount.














