WeChat launched full compensation protection to guarantee its payment system

“Do you dare to pay, I will compensate your lost!” – The full compensation mode for the WeChat online payment has been activated.

The WeChat Payment today announced a partnership with China PICC to launch full compensation protection scheme under which users who suffer from stolen funds will receive full compensation from PICC. In claiming the compensation, the applicants are required to provide the corresponding identity card and the proof of the loss, then the user can get full compensation from PICC, one of the largest insurance companies based in China.

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