WeChat Pay

One of China’s leading online wallets, WeChat Pay holds over 38% of mainland Chinese wallet share (iResearch Group) and counts over 800 million active users (Tencent). WeChat Pay supports e-commerce, peer-to-peer and online payments, as well as in-store transactions and cash withdrawals. Global brands are gaining huge popularity in China, and WeChat Pay is a must for brands who want to attract online mainland Chinese consumers. With Native Pay, the consumer scans the QR code with their WeChat app and authorises payment.

Benefits Include

  • 800 million active users
  • QR code payments that require minimum steps to complete checkout
  • More than 1 billion transactions are made per day
  • Can be connected to UnionPay card

Accept WeChat Pay

Komoju offers a full-service WeChat Pay solution, including reconcilliation, settlement and processing.

Market reach

China

Settlement currencies

USD, EUR, JPY

Payment type

Wallet/ Online

Target Group

Consumers

Processing Currencies

EUR/USD

Payout Cycles

Weekly or Monthly

Refunds

Partial Refunds

Partial Captures

3D Secure

Recurring Transactions

Chargebacks

Pricing

We charge a processing fee and transaction fee
depending on the payment method.

CHINA

Transaction fee

2.90% + 0.10 EUR/USD

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KOMOJU

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