WeChat Pay MY to discontinue ewallet service in Malaysia from Sept 1

WeChat Pay MY was first introduced in Malaysia back in 2018. — Image by teksomolika on Freepik

Ewallet service WeChat Pay MY has announced that it will discontinue its payment service in Malaysia from Sept 1 due to "business strategy adjustment".

"Users will be able to withdraw the balance in their ewallets via the ewallet portal until December 31, 2024. However, users still could opt for special withdrawal arrangement from January 1, 2025," the company said in a statement on its website, adding that it will also no longer allow registration for new ewallet users.