WeChat customer service responds to launch of 'credit card borrowing' service: still in testing phase

According to news from this website on August 14, WeChat recently launched a "credit card borrowing" service in the "credit card repayment" function. It is essentially a credit card cash withdrawal, which can be withdrawn to a savings card bound to WeChat Pay. According to reports, "credit card borrowing" mainly includes four major features: 1. Bank borrowing services, the platform does not charge additional fees; 2. Cash can be withdrawn to WeChat Pay with a linked savings card; 3. The account is received in the fastest second, and it is convenient for daily use; 4. Pay it together with your monthly credit card bill and be reminded on time.

In response, WeChat Pay customer service responded: This function is still in the testing phase. However, customer service said that it is currently unable to confirm which banks' credit cards are supported and when this function will be officially launched, and we need to pay attention to the follow-up situation.
For this function, users can find the corresponding entrance through WeChat "Me-Service-Credit Card", of which "repayment" is an inherent function and "borrowing" is a newly launched function. Under normal circumstances, the credit card cash installment limit is 50% of the entire credit card limit, but the scope of loan services of major banks is different, and the actual cash withdrawal limit will vary according to the customer's card usage.

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