More than a social media app
Installation Duration : 5 Business Days
What is WeChat Pay?
WeChat Pay is a digital wallet service developed by WeChat. It is a payment method on top of Stripe. The platform is based in China and is considered one of the best mobile payment platforms in the country. WeChat pay registers more than 900 million active monthly users. Thus, becoming the biggest competitor for Alibaba Group’s Alipay.
To pay via WeChat wallet, customers must add their credit/debit card to the wallet. Listed below are the cards supported by WeChat pay:- Visa, Mastercard, American Express, Discover, JCB, Chinese bank cards
The payments can be completed directly in the WeChat app or QR code.
Why Choose WeChat Pay?
- It works with an easy-to-use mobile app.
- Supports settlement across significant currencies.
- It Supports multiple credit/debit card options, including Visa, Mastercard, Discover, and more.
- T+1 day settlement ensures a fast and safe payment transaction.
Best suited for
Business owners have an excellent Chinese customer base. The students and tutors can process and receive payments using their already created WeChat Pay wallet. Also, it’s easy-to-understand UI can be a big plus point if the admin is not familiar with wallet payments.
Frequently Asked Questions
What are the presentment currencies supported by Wechat Pay?
Major currencies include HKD, USD, GBP, JPY, CAD, AUD, EUR, NZD, KRW, THB, SGD, RUB, DKK, SEK, CHF and NOK.
What is the settlement fee charged by WeChat Pay?
The spot exchange rate provided by China Construction Bank or China Citic Bank is used in the WeChat Pay Cross-Border Service. Click here to know more.
Click here for more FAQs. For more information visit
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