Top 5 WeChat Pay Online Casinos

The story behind this payment method begins with Tencent, a massive Chinese holding company that was founded in 1998 and specializes in a wide range of businesses related to the Internet. This has made them one of the largest web firms in the world, as well as the world’s biggest gaming company. All told, their market value is said to be more than $200 billion.

One of their flagship products is the instant messaging application known as WeChat. Launched in 2011, the program allows users to enjoy text, voice, and video messaging, as well as the ability to share photos and integrate with major social media networks. It is through this service that the payment option is available: if users have connected a funding source, then they have the ability to pay bills or buy goods and services, as well as transfer money to friends and other users. This has proven particularly popular during festivals, when friends can transfer funds via the app as a way of distributing digital – rather than traditional – red envelopes.

One of the cool things about this network is that it provides for a number of different ways for users to make payments. When making deposits into an online gambling site, you’ll of course first need to sign up with one of the reputable operators who accept this as a payment method. Next, you’ll need to link a funding source to your WeChat account. This is typically a bank account, with any deposits coming straight from your checking or savings balance.

Once the prep work is done, you’ll want to head on over to your casino’s cashier section and find WeChat Pay among the deposit options. From there, you will be instructed on how to complete your transaction. The payment platform supports many ways for vendors and merchants to offer payments, and a particular casino might choose any of these. Most likely, you’ll make the payment right on the iGaming site or in the payment app, but you might also have to scan a QR code. In any case, once you’ve confirmed the payment, the funds will be transferred in a matter of minutes.

We’re big fans of payment methods that allow players to get started quickly, and that’s perhaps the biggest advantage of WeChat Pay. It’s true that people need to have a payment account set up in order to use this option, but that’s a rather simple process, especially since there are nearly 800 million active users in China alone, meaning most players will already have at least a basic understanding of this app even if they haven’t connected a banking source as of yet.

The main disadvantage is that this method is essentially only available for Chinese users (though there are some people who have access to the app outside of the country). The good news is that many casinos based elsewhere worldwide can at accept payments through this method; recently, new partnerships have even brought this method to North American merchants, which should greatly expand its use in both general e-commerce and gaming alike.