Biz / Tech

Tencent to reduce transaction fees on WeChat payments for SMEs

Reuters
The reductions will apply beginning September 1, 2021, and extend up to September 30, 2024.
Reuters
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Chinese social media giant Tencent Holdings Ltd will reduce transaction fees for certain small and medium-sized merchants using its WeChat payments system, the company said on Thursday in a statement.

The reductions will apply beginning September 1, 2021, and extend up to September 30, 2024, the company added.

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