WeChat Out Rates: How U.S. Students in China Avoid Costly Scams
Why “wechat out rates” matter to U.S. people and students in China Last month I was on a call with a group of American grad students in Beijing — someone asked about “wechat out rates” after a classmate got hit with an emergency money request from a WeChat contact. That phrase isn’t official, but it captures a real, messy problem: unexpected costs, inflated conversion or withdrawal fees, and — worse — scam syndicates that use WeChat groups to pressure people into paying ransoms or fake fines. ...