WeChat Wallet in South Africa shuts down

[Jamie McKane]

WeChat Wallet in South Africa shuts down

WeChat has informed registered WeChat Wallet users in South Africa that the service will effectively shut down on 30 June 2020.

WeChat launched its wallet feature in South Africa at the end of 2015 in partnership with Standard Bank.

 

[Gtx Gaming]

This is only used to create artificial spend anyway

 

[Herr der Verboten]

WeChat Wallet in South Africa shuts down

WeChat has informed registered WeChat Wallet users in South Africa that the service will effectively shut down on 30 June 2020.

WeChat launched its wallet feature in South Africa at the end of 2015 in partnership with Standard Bank.

Shut down reasons omitted

 

[Swa]

Was this not another failed Naspers venture? Nobody wanted it with Telegram and Whatsapp.

 

[3WA]

This is only used to create artificial spend anyway

Also useful to draw cash off your credit card with an interest-free window.

 

[backstreetboy]

Never used it anyway.

 

[|tera|]

Was this not another failed Naspers venture? Nobody wanted it with Telegram and Whatsapp.

Nope. Far from a failure.

Everything you need to know about WeChat — China's billion-user messaging app

Tencent-owned WeChat is the world's third largest messaging app behind Facebook's WhatsApp and Messenger, but it can do much more than just sending messages.

www.cnbc.com

Consider that today, Tencent is a roughly $410 billion company, and though Naspers has sold off some of its holdings in the company over the years, it still owns a little more than 30% of Tencent, for a stake currently worth roughly $120 billion.

The CEO of Naspers — one of the world’s most powerful and lowest-flying investment firms — is coming to Disrupt – TechCrunch

techcrunch.com