In this video, our WeChat marketing coach, Karen will guide you through WeChat Pay and how to set up WeChat Wallet. Customer scans a dynamic QR online or at POS with their WeChat or AliPay mobile app and confirms payment with a PIN or biometric authorization. To many Westerners, this sounds just like PayPal. Within moments, your WeChat account has 50 RMB less, and your friend’s account has 50 RMB more. If you both use WeChat, then you can send 50 RMB from your WeChat account to your friend’s WeChat account. WeChat supports social payment, app payment, and even payment within Mini Programs and local apps. Your friend pays 100 RMB for dinner, and you want to split the cost. You can choose from any of your popular Chinese cards as well as quite a selection of international cards. You’ll want to click on that and then move to the next step of adding your card. Just by opening WeChat, you can use your WeChat Wallet and pay via card or QR code. When you are on your own tab, you’ll see Wallet listed on the top right side. It is the best choice of mobile payments especially for individuals who preferred cashless transactions. Combined with WeChat official accounts, WeChat Pay service explores and optimizes o2o consumption experience, provides professional internet solutions for a physical business. 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 situations. WeChat Pay is a payment feature integrated into the WeChat app, users can complete payment quickly with smartphones. Tencent, operator of the popular chat app WeChat and payment network WeChat Pay, said on Wednesday that WeChat users overseas can link credit cards issued by Visa Inc to. In 2015, non-cash payments accounted for nearly 60 of retail transactions in China. In first and second-tier cities there, going completely cashless is made possible through smartphones. Combined Alipay and WeChat payments (by value) have risen from less than RMB 1 trillion (US81 billion) in 2012 to an estimated RMB 20 trillion (US2.9 trillion) in 2016 a 20-fold increase in four years. It is a web-based solution that enables operators of both registered merchants and acquirer banks to manage terminals and transaction details.Tencent and Alibaba, China’s two biggest internet companies took the country by storm with their payment products WeChat Pay and AliPay. Guavapay Merchant Portal provides an additional channel of communication between merchants and acquiring institutions. 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. To leverage business decisions with tools for transparent day-to-day transaction insights and seamless business management Guavapay offers an intuitive Merchant Portal. For example, we can create a trading network with subsidiary outlets and POS terminals. Due to the smart acquiring structure of the GuavaPay system, any trading hierarchy for POS terminals (complicated or simplified) can be configured in the system to meet customer needs. The Guavapay system supports POS terminal management for both cash points and trading terminals. Cash acceptance (“Credit” operation, only on cash points).Installation of trading terminals and cash points.Guavapay Acquiring Processing includes the creation of billing and terminal contracts of any hierarchy in the processing system, configuration, installation and further support of POS terminals on the territory of the merchant. Guavapay Acquiring processing services include:
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