![]() ![]() As soon as the buyer finishes the payment, he can follow the overseas vendor’s official account. The converted CNY amount will then be deducted from the buyer's account when the buyer confirms the deal in WeChat Pay. When a buyer purchases a product from an overseas vendor, this spot exchange rate will be used to convert the foreign currency into CNY. More and more Chinese people choose to travel abroad. How will overseas vendors benefit from WeChat Pay? WeChat has Quick Pay, QR Code Payment, In-App Web-based Payment, In-App Payment, Mini Program Payment, to fulfill different payment situation. It is the best choice of mobile payments. Combined with WeChat official accounts, WeChat Pay service explores and optimizes o2o consumption experience, provides professional internet solutions for physical business. WeChat Pay is a Chinese mobile wallet incorporated into WeChat, a multi-purpose app for personal and business messaging, social media and payments. WeChat Pay had over 800 million monthly active users in the fourth quarter, according to Tencents 2019 annual report. Chinese citizens avoid paying bank fees or carrying cash. Its main service Alipay has more than 900 million users in China. Advantages for your eCommerce: It entails an easy integration, without front-end costs. With over 800 million monthly active users, WeChat Pay provides a smart and efficient payment solution for both consumers and merchants. ![]() #China wechat pay 800m mauskharpalcnbc full#WeChat has Quick Pay, QR Code Payments, In-App Web-Based Payments, and Native In-App Payments, all to fulfill the full range of scenarios your customers expect to fulfill different payment situation. WeChat Pay is a payment feature integrated into the app, where users can quickly complete the payment with their smartphones. WeChat users who have linked their Chinese bank accounts to their WeChat Pay can start purchasing online using WeChat Pay on their mobile app. WeChat Pay is a payment feature integrated into the WeChat app, users can complete payment quickly with smartphones. ![]()
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