In six years the WeChat ecosystem has grown to include…
938 million monthly active users
20 million Official Accounts
200 thousand developers
600 million WeChat Pay users
Multiple Payment Methods
Vendors scan the QR Code shown by customers on the Quick Pay page to finish transactions quickly.
QR Code Payment
Vendors creates different QR codes for different goods. After users scan these codes, they can see related product information and transaction guides on their phone.
In-APP Web-based Payment
Vendors push product messages to their followers via Official Account. With WeChat Pay enabled, their followers can purchase products on the shopping page.
Vendors can integrate WeChat Pay SDK into their apps. When users make payment in other apps, WeChat will be authorized to process the payment. Once the transaction is done, the page will redirect to the other app.
Chinese customers pay transactions in CNY
When Chinese shoppers buy goods overseas, they can pay in CNY by WeChat Pay. The local currency will be converted into CNY based on real-time rate. No more worries about currency conversion.
Cross-currency settlement is accepted
Major currencies are included but not limited to GBP, HKD, USD, JPY, CAD, AUD, EUR, NZD, KRW. WeChat Pay settles each transaction with foreign vendors based on the price in local currency. For unsupported currencies, transactions can be made in US dollars.
T+1 day settlement
T+1 day settlement ensures a fast and safe payment transaction.