Used by hundreds of millions of users every day. WeChat Pay is one of the most popular payment methods in China.
WeChat can handle all the ways your users want to pay. Whether it is via Quick Pay, QR Code, In-App Web-based, or Native In-App Payment.
Supports settlements across major foreign currencies. Customers pay in CNY and the transaction is settled in a foreign currency.
GBP, CNY
Transactions are confirmed immediately. However, the transfer of funds from your customer’s WeChat Pay wallet to your business bank account takes a couple days. This transfer of funds across borders is called a ‘Settlement’.
Settlements take T+2 days – the transaction day plus 2. This will always be the case, unless it is a Chinese national holiday, in which a settlement will take place on the following day after the holiday.
Yes, the minimum amount is £100.
If the amount you are receiving is less than £100, you will have to wait until your transaction amount goes over £100 before we can issue your funds to your business bank account.
No, we send your transaction amount directly to the business bank account.
We automatically deduct your fees from your transaction amount before sending it to you.
First, you will need to make an application. You can either fill out our online form, or contact us to receive our PDF Application Form.
After, you will receive an email requesting 3 documents from your company’s directors and main shareholders:
We need these for compliance to confirm your business activity. We will also help you with suggestions to update your website to suit Chinese customers if required.