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JD Pay Aims to Cut Handling Fees to at Least 20% Lower than WeChat Pay Next Yr, Invest RMB1B in Marketing
JD Pay announced at the JD Supply Chain Fintech Service Trade Industry Conference that it will continue to reduce handling fees, aiming to achieve fees at least 20% lower than that...
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JD Pay Aims to Cut Handling Fees to at Least 20% Lower than WeChat Pay Next Yr, Invest RMB1B in Marketing
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JD Pay announced at the JD Supply Chain Fintech Service Trade Industry Conference that it will continue to reduce handling fees, aiming to achieve fees at least 20% lower than that of WeChat Pay next year, Chinese media reported.

In addition, JD Pay will invest RMB1 billion in marketing expenses to help partners cut costs and ramp up efficiency. This price reduction will benchmark the actual transaction prices of corresponding platforms.

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