WeChat Pay
Gain access to shoppers on WeChat
WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. WeChat users who have linked their Chinese bank accounts to their WeChat Pay can start purchasing online using WeChat Pay on their mobile app.
With over 800 million monthly active users, WeChat Pay provides a smart and efficient payment solution for both consumers and merchants.
Functionalities and value-added features supported
| Features | WeChat Pay |
|---|---|
| Payment type | E-Wallet |
| Merchant supported countries/regions | AU, HK, SG, UK, EU*, JP*, KR* |
| Shopper supported countries/regions | CN (HK included) |
| Shopper payment currencies | CNY, HKD |
| Processing currencies by merchant region* | HK: HKD*, USD, AUD, EUR, SGD, GBP, JPY, NZD, CHF, CAD, CNY SG: SGD, USD, CNY AU: AUD, USD, CNY UK: EUR, GBP, CNY EU: EUR, CNY |
| Settlement currencies | HK: HKD, USD, AUD, EUR, SGD, GBP, JPY, NZD, CHF, CAD SG: SGD, USD AU: AUD, USD UK: EUR, GBP EU: EUR |
| Minimum transaction amount | 0.01 CNY |
| Maximum transaction amount | 300,000.00 CNY |
| Session timeout | 5 minutes for mobile browser, 2 hours for others |
| Recurring Payment | ✅ additional onboarding required |
| Refunds | ✅ within 1 year after the transaction is fulfilled |
| Partial Refunds | ✅ within 1 year after the transaction is fulfilled |
| Disputes/Chargeback | ⛔ |
| Settlement threshold | 800.00 USD |
| Settlement frequency | Daily |
Note:
- JP and KR merchants can be onboarded in HK.
- EU is currently available in the beta testing program. Please reach out to your Airwallex account manager or [email protected] if you'd like to join the beta.
- Processing currency refers to the currency that is sent to Airwallex to process, which is usually Merchant Pricing currency.
- If deemed as high risk vertical by WeChat Pay, only HK entity with USD settlement currency can be enabled.
- Other features supported: Auto Customs Declaration can help merchants send payment information to China Customs for cross border customs clearance.
Choose the integration method that best suits your needs
Airwallex has built a range of client-side integration methods that allow you to manage your UI, minimize your implementation effort, and allow you to get to market quickly. Please refer to Payment methods overview If you integrate with Airwallex Native API , you can find additional instructions specific to the payment method in the subpages of this document.