FREE PLAN
Description
WeChat is a lifestyle
As the most popular instant messaging app in China, WeChat builds a unique social community for its users across the globe. It makes every connection possible among people, between users and vendors, and between users and organizations. WeChat is now a truly mobile lifestyle for everyone.
Using WeChat Pay has become habit
WeChat Pay has become a part of daily life. With WeChat Pay enabled on mobile phone, users can make transaction payments at anytime and anywhere. Wallet is not required any more. In China, WeChat Pay is supported almost everywhere, such as in ordering taxi, supermarkets, and hospitals.
Make connections with Chinese consumers
WeChat Pay connects overseas vendors directly to Chinese consumers for more business opportunities. When Chinese costumers buy goods in foreign country, they can follow vendors' Official Account to pay their transactions.
Features
Accepted Business Sizes
Accepted Industries
Processing in
Integration Methods
FREE PLAN
Company Details
- China
- 5000+
Additional Details
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Risk AppetiteLow Risk
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RegulatedYes
Last updated
26th Oct
FAQ
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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