What Is WeChat Pay?
WeChat Pay is considered the biggest rival to Alipay. A service from the popular Wechat Social media app, WeChat Pay is a leading mobile wallet payment method in mainland china, WeChat Pay is used worldwide to facilitate cross-border commerce at the point of sale and online across multiple channels.
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|Payment Type||Commerce Channel||Chargebacks||Recurring||Refunds|
Payment TypeDigital Wallet
Commerce ChannelE-commerce and in-store
ChargebacksNot in the instance of fraud
How Does It Work?
The customer checks out with Wechat Pay.
The customer confirms their shipping and billing details.
The customer authenticates their payment with a unique passcode or pin.
The customer‘s order is confirmed.