in 2022 VChat drastically reduced transaction fees. Chinese web giant Tencent has reduced transaction fees by up to 10% for small and medium-sized businesses using the VChat payment system.

VChat drastically reduced transaction fees
The company announced a reduction in transaction fees on Thursday.
The company said in a statement that the move was prompted by the government’s request to reduce operational costs for small and medium-sized businesses.
According to the announcement, the fee reduction will apply to all companies that have been classified as SMEs by the Chinese Ministry of Industry and Information Technology.
VChat reduced transaction fees
Individual traders approved by regulators will also benefit.
The decision by the Ten Senate comes after a fee cut by China’s largest internet corporation.
Two weeks ago,

in 2022 VChat reduced transaction fees
China’s state planners, the National Development and Reform Commission issued new guidelines to help traders affected by the global epidemic and revive the country’s economy, including reducing the fees for food-delivery platforms and restaurants. Was asked to reduce operational costs.
Ele.me, a food-delivery platform run by Chinese e-commerce giant Alibaba, said on Wednesday it would refund 20 million yuan in commission fees.
in 2022 VChat drastically reduced RS.
The refunds will be made to restaurant accounts in 87 counties and to the districts most affected by the global epidemic in January and February.