Recently, multiple banks have announced that they will be increasing the limits for payment transactions via WeChat, Alipay, and other third-party platforms. Some banks have raised the single-transaction limit to 2 million RMB, which is four times the original limit. The monthly cumulative limit has also been increased to ten times the original limit, up to 60 million RMB.
According to the announcements, the increased limits are intended to further facilitate online transactions and payments. With the raised limits, users will be able to make larger transactions without facing any issues. However, it's worth noting that some banks may still have specific requirements or restrictions for certain types of transactions.
It's also worth mentioning that this move is part of a broader trend of increasing payment limits and improving online payment services in China. With the growing popularity of mobile payments and online commerce, the need for higher payment limits and more convenient payment options has become more pressing. By increasing the limits, banks are trying to keep up with the changing needs of their customers and stay competitive in the market.
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* [Original article](https://www.ithome.com/0/809/741.htm)