Vendors can also create QR codes for different items. Then the app transfers the funds from your account to the seller. This enables digital payments and helps users share their contact information with each other.įor example, if you are in a store that accepts payment from WeChat, you simply scan the seller’s unique QR code, enter the amount of the purchase, and confirm the payment. QR codes are the main component of some payment methods used by the app, which is embedded with a QR code reader. Once the wallet account is set up, users can make mobile and digital payments in several ways. When you first set up your wallet, WeChat will attempt to verify the account by charging a small amount of money (typically just a few cents) and then refunding it back to your payment method. In the U.S., users do not have the option to set up a wallet unless they download the international version of the app. In China and other Asian countries, each WeChat account enables the user to set up a digital wallet that is linked to a bank account. It enables users to send and receive money from friends and family. In areas throughout the world with a large Chinese immigrant population, such as in the U.S., many restaurants and retail stores also accept WeChat mobile payments.īut the app is more than just a mobile payment system. Over the passing years, the app has become a daily part of life for most Chinese people. So do taxis, hospitals, trains, and even roadside markets. In addition to the use of Alipay in China, almost every establishment uses the WeChat app to collect mobile payments. Otherwise, read on for more essential information about WeChat. If you’re ready to get started, simply download the Remitly app and create your account. We are proud to be the first remittance company to offer this for our customers worldwide who want to send money to loved ones in China. We will submit required taxes to the Chinese tax authorities on your behalf, leaving the money you receive as pure net profit.With Remitly, you can now send money fast via WeChat. Unlike other solutions, AppInChina Pay has an Open API, which allows you to pull this data and use it however you wish, such as importing it into your company’s own financial software, or to track user behavior through your own analytics system. You also do not need to navigate the WeChat Pay and Alipay dashboards in Chinese, as we will give you all of the information you need, in English, in the Monetization tab on your client dashboard. Our provided backend will ensure the security of all transactions, leaving only the frontend integration to your development team, which we can assist with. All we need is your app name, package name, and a few screenshots, and we will provide you an app ID. Unlike some of our competitors, you don’t need to have a Chinese entity or company to sign up for our service. Note that neither WeChat Pay nor Alipay currently offer an English-language backend for analytics and payments tracking.ĪppInChina Pay provides a complete and convenient one-stop solution for monetizing your app, game or website with WeChat Pay and Alipay.So if you sell a subscription-based service, you will need to either ask for special approval or devise your own way of reminding the user to renew their subscription. It’s also important to note that neither WeChat Pay nor Alipay usually allow you to set up recurring payments.We recommend finding an experienced tax specialist to do this for you. However, neither company will keep track of sales and withholding taxes you are required to submit to the Chinese tax authority each year. Each payment system will automatically deduct a per-transaction fee.Your money will be deposited to a Chinese bank account, so you will need to work out a reliable system to convert the currency and transfer to your company accounts outside of China. You will need to speak Chinese to complete this process, as all forms, documentation, and support are provided in Mandarin only. Important Limitationsīefore you begin this process on your own, there are some other important considerations to keep in mind:
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