![]() Due to the advances of mobile Internet technology, and the rapid growth in the number of mobile users, making payments for goods, services, and bills via mobile devices is now playing an increasingly important role in our daily life. Mobile payment enables users to check account balances, transfer money, pay bills and conduct financial management at any time from anywhere. Moreover, handling financial transactions over the Internet has also greatly changed people’s lifestyle, especially in the payment field.Ĭurrently, online mobile payment has become one of the most important smartphone services in E-commerce, since mobile payments can lead to customer satisfaction, cost reduction, competitive advantage and firm growth. Many companies added E-commerce models to their operations and began innovative marketing and sales programmes via the Internet. Improve Your WeChat E-commerce in One Easy Step: Magento 2.With the development of information technology, E-commerce has become an important part of modern economic industries and a magnificent growth has been observed in recent years. Now, money will refund to your WeChat Payment account automatically if that ever happens.ĥ Vital Features your WeChat eCommerce Need in 2016 Usually vending machines’ worst enemy is a snack getting stuck but no refunds. After you select the stuff you want to buy, QR code will be generated on the screen for you to scan and pay. Remember when you have to look over the couch to find those coins before you use the vending machine? Instead you can just take your phone with you. This will save both customers and drivers time to complete the purchase.Ī shopper using WeChat Payment Vending Machine in China You can use this payment to order your train ticket, food delivery, and taxi services.ĭidi Taxi, a taxi app also allows customers to pay via WeChat Payment. In WeChat shops, the system will select WeChat Payment as a priority payment option for customer.Ī lot of O2O service applications have enabled WeChat Payment. Simply Scan the code, and confirm on your phone, your purchase will be completed.īoth WeChat Shop and WeChat Payment are very important elements of WeChat eCommerce. For example, when you shop in JD.com, a QR code will be generated on the upper right corner when you select your purchase option. You can also use WeChat Payment on eCommerce websites. Stores hope that letting customers buy items using WeChat Payment will encourage them to visit more often.Ĭonvenience retailers including FamilyMart, Kedi and Alldays even offer discount for shoppers using WeChat Payment. The tie-up will allow shoppers to make their purchases using WeChat Payment, Tencent’s online payment app, at some stores in China. A lot of supermarkets have teamed up with WeChat Payment to offer customers another payment options offline. Grocery shopping without your wallet? Not a dream any more in China, just remember to grab your phone. ![]() “WeChat Payment Accepted” Sign on supermarkets counters in China Here are five major places that WeChat Payment is widely accepted: ![]() ![]() If you live in China currently, it’s not difficult to find places that allow WeChat Payment both online and offline. After almost two years, number shows that WeChat Payment is a great online payment platform: On November 2015, Tencent pulled in a net profit of 7.584 billion RMB ($1.2 billion) on revenue of 26.594 billion RMB ($4.2 billion), and WeChat Payment is a huge part of that. Based on the WeChat platform, Tencent hopes WeChat Payment to add more support for business around the very platform, therefore to improve conversion rates. It was March 5 th 2014 that WeChat Payment was born.
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