More Payment Methods

WeChatPay

E-wallet

One of China’s leading online wallets, WeChat Pay holds over 38% of mainland Chinese wallet share (iResearch Group) and counts over 900 million active users (Tencent). WeChat Pay supports e-commerce, peer-to-peer and online payments, as well as in-store transactions and cash withdrawals. Global brands are gaining huge popularity in China, and WeChat Pay is a must for brands who want to attract online mainland Chinese consumers. With Native Pay, the consumer scans the QR code with their WeChat app and authorises payment.

WeChatPay

Features

  • Coverage Area
    Customer
    China
    Merchant
    France, Germany, Hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Switzerland, United Kingdom
  • Channel
    Online
  • Currency
    Consumer Currency
    CNY
    Processing Currency
    CHF, CNY, EUR, GBP, USD (EU merchants: EUR and CNY only, IT merchants: EUR, GBP, USD and CNY)
    Settlement Currency
    CHF, EUR, GBP, USD (EU merchants: EUR only, IT merchants: EUR, GBP and USD)
  • Transaction
    Minimum Limit
    CNY 0.01
    Maximum Limit
    CNY Wallet = 50,000 per tx per day. Debit/credit cards = 10,000 - 50,000 per tx or per day depending on the bank. A few banks may allow higher limits.
    Payment Timeout
    2 hours
  • Feature
    Scheduled Payment
    no
    One-click Payment
    no
    Refunds
    yes
    Partial Refunds
    yes
    Multiple Partial Refunds
    yes
    Payment Guarantee
    yes
    Refund Risk
    no

Why ChooseWeChatPay

  • 39% of China’s population are cross-border shoppers with cross-border e-commerce valued at US 301 billion (PPRO Almanac).

    39% of China’s population are cross-border shoppers with cross-border e-commerce valued at US 301 billion (PPRO Almanac).

  • Tencent reported over 50 million monthly active merchants on WeChat Pay and recent estimates suggest more than 1 billion transactions are made per day (Walk the Chat).

    Tencent reported over 50 million monthly active merchants on WeChat Pay and recent estimates suggest more than 1 billion transactions are made per day (Walk the Chat).

  • Leverage one of the most powerful brands in China and provide the lucrative mainland Chinese consumer with a seamless and familiar payment experience.

    Leverage one of the most powerful brands in China and provide the lucrative mainland Chinese consumer with a seamless and familiar payment experience.

How It Works?

  • At checkout, the consumer selects WeChat Pay as their preferred payment method.
    Merchant

    01

    At checkout, the consumer selects WeChat Pay as their preferred payment method.

  • The consumer redirects to a PPRO HPP and scans the QR code.
    Payment Methods

    02

    The consumer redirects to a PPRO HPP and scans the QR code.

  • The transaction summary is displayed in the WeChat app; the consumer authorises payment.
    Payment Methods

    03

    The transaction summary is displayed in the WeChat app; the consumer authorises payment.

  • Payment is confirmed.
    Merchant

    04

    Payment is confirmed.

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