Esports Bookmakers Accepting WeChat Pay

WeChat Pay was started in 2016. Users had to pay a fee during the early years when sending, receiving, and withdrawing funds. However, the company stopped charging money transfer functions within the same year. Notably, fees for withdrawal amounts that are less than 1000 Yuan were also waived. Any withdrawals above the 1000-Yuan limit attracted a charge of 0.1 percent of the payment.

By 2019, WeChat Pay had more than 800 million active users, more than 35% of the market share. WeChat Company also introduced WeChat Pay HK, which offered services in Hong Kong. By the end of 2019, WeChat Pay was available to users in over 25 countries spread across the world, including the UK, South Africa, and Italy. Currently, WeChat Pay remains most popular in China.

WeChat Pay offers four payment options. The first one is Quick Pay, which requires the recipient to scan a QR code. The second is QR code payments, in which the users have to scan the QR codes created by vendors. The third option is in-app web-based payment.

For this, vendors have to send product messages to users via their official accounts, allowing users to buy the products on the shopping page. The last option is the In-App payment. For that, vendors have to integrate WeChat Pay SDK into their WeChat apps.

The withdrawal process is also relatively easy. Users need to start by confirming that they have enough funds in their eSports betting accounts to make a withdrawal. Then, they should ensure that the betting site offers WeChat Pay as one of the withdrawal options.

It is important to note that most betting sites offer WeChat Pay as a deposit method but not for withdrawals. Currently, very few betting sites allow punters to withdraw using this option. Such gambling sites have a limited number of punters, usually high rollers only.

The withdrawal option in eSports betting sites is usually availed after contacting the customer service. The punters only need to request the managers to transfer their winnings via WeChat Pay. They only need to receive the money via their WeChat app using the normal receiving process. The betting site usually decides which WeChat Pay payment method to use.

Considering that most bookmarkers are yet to add WeChat as a withdrawal option, eSports players on such sites are advised to explore alternative withdrawal solutions. And when the opportunity to make withdrawals comes about, hopefully soon, the chances are that bettors will not have to worry about casino withdrawal fees.

Any eSports player looking forward to opening an account should download the WeChat application. The WeChat app can be found in all the major app stores and supports android and iOS. However, the international WeChat version does not have the Wallet menu, meaning punters looking forward to using this payment option eSports have to download the Chinese version.

Users can also activate the wallet menu by changing the app language to Chinese and switching it back to the preferred language. Punters must then register for the social service by inputting their details. Details usually include name, phone number, email address, and location address. Punters should ensure they provide accurate information to avoid having problems during the verification process.

The next step is to activate WeChat Pay feature after activating the wallet, allowing users to make or receive payments. Users can then go to the wallet menu and select the ‘cards’ option. Upon clicking this option, they will be redirected to a page to add their card information. However, the card added has to be issued by a Chinese bank. Adding a card is as simple as filling in the card information on the page.

Users also have the option of linking WeChat Pay with their bank account. The main conditions to registering for a WeChat Pay account are that users must be above 18 years and have a card or bank account with a Chinese bank.