1/6/2024 0 Comments Wechat payment works for chinaWorldline is WeChat Pay’s preferred Acquiring partner in Europe, and so merchants using Worldline’s services can seamlessly add this proven payment system to the options they offer their customers. Meanwhile, a whole raft of other features have been added to the application. WeChat began as a messaging service akin to WhatsApp and today has approximately one billion active users. WeChat Pay is part of WeChat, a product of the Chinese internet group Tencent. Next year, the number of nights that visitors from China spend in Swiss hotels is forecast to grow by a further 13%. In 2017, they spent an average of several hundred Swiss francs per day, plus another CHF1,300 in retail stores. A prime destination for tourists, Switzerland can now pride itself in offering the latest mobile payment technology.Ĭhinese tourists are becoming more and more important for the Swiss economy. Since the integration of Alipay and WeChat Pay, Chinese customers in Switzerland can pay just as easily as they can at home”, commented Marc Schluep, CEO of Worldline Switzerland. “Merchants would like to offer their customers the smoothest user experience. WeChat Pay compatibility also boosts the chances of impulse purchases. Accepting Chinese mobile payment brands increases their propensity to spend by 91%.Īny merchant accepting WeChat Pay payments are at a distinct advantage when it comes to Chinese tourists as WeChat Pay is extremely popular among its Chinese user base. Therefore, Chinese tourists, who spent almost CHF660 million in Switzerland in 2018, are now more likely to make additional purchases in Swiss stores using WeChat Pay which has 800 million users.Īny merchant accepting WeChat Pay payments are at a distinct advantage when it comes to Chinese tourists as WeChat Pay is extremely popular among its Chinese user base. Worldline, the European market leader which SIX Payment Services belongs to since late 2018, is integrating WeChat Pay, one of China’s most popular mobile payment systems, into the payment solution at its POS-terminals. Visitors from China can now pay using their smartphone in Switzerland just as easily as they can at home.įor many Chinese tourists the choice of payment options at a merchant influences their purchase decisions. Improve Your WeChat E-commerce in One Easy Step: Magento 2.Worldline is adding WeChat Pay to its payment solution in Switzerland. Now, money will refund to your WeChat Payment account automatically if that ever happens.ĥ Vital Features your WeChat eCommerce Need in 2016 Usually vending machines’ worst enemy is a snack getting stuck but no refunds. After you select the stuff you want to buy, QR code will be generated on the screen for you to scan and pay. Remember when you have to look over the couch to find those coins before you use the vending machine? Instead you can just take your phone with you. This will save both customers and drivers time to complete the purchase.Ī shopper using WeChat Payment Vending Machine in China You can use this payment to order your train ticket, food delivery, and taxi services.ĭidi Taxi, a taxi app also allows customers to pay via WeChat Payment. In WeChat shops, the system will select WeChat Payment as a priority payment option for customer.Ī lot of O2O service applications have enabled WeChat Payment. Simply Scan the code, and confirm on your phone, your purchase will be completed.īoth WeChat Shop and WeChat Payment are very important elements of WeChat eCommerce. For example, when you shop in JD.com, a QR code will be generated on the upper right corner when you select your purchase option. You can also use WeChat Payment on eCommerce websites. Stores hope that letting customers buy items using WeChat Payment will encourage them to visit more often.Ĭonvenience retailers including FamilyMart, Kedi and Alldays even offer discount for shoppers using WeChat Payment. The tie-up will allow shoppers to make their purchases using WeChat Payment, Tencent’s online payment app, at some stores in China. A lot of supermarkets have teamed up with WeChat Payment to offer customers another payment options offline. Grocery shopping without your wallet? Not a dream any more in China, just remember to grab your phone. “WeChat Payment Accepted” Sign on supermarkets counters in China Here are five major places that WeChat Payment is widely accepted: If you live in China currently, it’s not difficult to find places that allow WeChat Payment both online and offline. After almost two years, number shows that WeChat Payment is a great online payment platform: On November 2015, Tencent pulled in a net profit of 7.584 billion RMB ($1.2 billion) on revenue of 26.594 billion RMB ($4.2 billion), and WeChat Payment is a huge part of that. Based on the WeChat platform, Tencent hopes WeChat Payment to add more support for business around the very platform, therefore to improve conversion rates. It was March 5 th 2014 that WeChat Payment was born.
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