If you’re registered as a Chinese company and have a Chinese bank account, you can set up WeChat Pay by following the steps below.
TENCENT WECHAT WECHAT PAY HOW TO
How to set up WeChat Pay as a foreign business with a Chinese bank account (and company) Let’s go ahead and break both routes down. There are two different ways foreign businesses can register for WeChat Pay: one for those who have a Chinese bank account, and one for those who don’t. How to set up WeChat Pay outside China for international businesses - a step-by-step guide Get in touch with us if you’d like to know if your business could offer WeChat Pay as a payment method to Chinese users. In other words, it’s a truly global payment provider and can be offered by businesses across the world.Ĭountries, where WeChat Pay payments can be implemented, include: WeChat Pay can manage 13 different currencies, in 25 countries and regions. Ultimately, if a large chunk of your customer base is Chinese or located in China, no matter what bank account they have or where they live, you’ll be able to create a good customer experience for them by offering WeChat Payment.įollow the links below for case studies of WeChat Payment being used in a wide range of industries:įrom which countries can you implement WeChat Pay? Chinese tourists can also use WeChat Pay when they’re outside of China, too. WeChat Pay is even a good choice if your customer base isn’t Chinese but frequently travels to China, as it allows foreign visitors to pay via their domestic credit cards. And if your business already has a following on WeChat App, WeChat Pay will allow you to monetize that following very effectively. Mobile-first businesses, like e-commerce apps, will especially benefit from offering WeChat Pay, since it’s accessed via mobile. It’ll give them an easy and trusted way to pay, which could give your Chinese sales the boost you’re looking for. If you want to attract Chinese customers, offering WeChat Pay is a no-brainer - no matter what industry you’re in. In 2019, 72 million corporations used WeChat Pay and, in the same year, it generated over 1 billion commercial transactions a day. It works as a WeChat wallet for the users. It really is the primary way to pay for products and services in China - and the statistics certainly back that up. Pay businesses (both in-person and online).Every WeChat user in (or from) Mainland China can use WeChat Pay to: WeChat Pay is an integrated mobile payment method available to WeChat users. Want to offer your Chinese customers a familiar, trusted, and easy payment method?īut how can foreign businesses set up WeChat Pay outside China?Īnd what are the main benefits of accepting WeChat Payment? Its payment service, WeChat Pay, is used by around 900 million users a month and is one of the most popular ways to pay in China’s predominantly cashless society.
With 1.2 billion active users, WeChat is China’s biggest mobile app and plays an important role in everyday life in China - even when it comes to payment.
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