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8 months ago

It (almost) goes without saying that this is huge.

Also on Thursday, the tech giant launched the promotion of a new service that will allow users to pay their credit card bills via using the money-market funds available on Licaitong, or WeChat’s wealth management app.

If, for instance a user gets a credit card-bill on December 5 due on December 20 for 5,000 yuan, if they automatically transfer their outstanding amount into one of the funds, they can enjoy interest from the fund in the December 5-20 period and have no need to worry about forgetting to pay the due.

This lot are killing it!