![]() ![]() Chinese internet-based technology and service company Tencent has partnered with Finnish digital signature and data management developer Avaintec. Helsinki Business Hub supported the collaboration. Together the two companies have brought Tencent’s WeChat Pay to Finland, offering the rapidly growing number of Chinese visitors a safe, familiar and convenient way to pay for their purchases. WeChat Pay allows Finnish businesses to serve their Chinese customers better – and to improve their sales while doing so. When Chinese visitors want to buy souvenirs for example from a Moomin Shop in Helsinki or from the Arctic Circle Tourist Information in Rovaniemi, they can now pay with a mobile application that is quick, easy and already familiar to them: WeChat Pay. Mobile payment apps are already challenging cash in China, as Chinese consumers find them safer and more convenient. The Chinese also prefer smartphone payment apps while travelling abroad, and the ability to offer this option can really benefit retailers. WeChat Pay is the leading mobile pay platform in China, with more than 800 million monthly active users and over 1 billion daily transactions on average in 2018. Along with the rapid development of the Chinese economy, more and more Chinese tourists travel abroad, and WeChat Pay collaborates with local merchants to meet their needs. With WeChat Pay, users can make payments quickly and conveniently in their own currency by simply scanning a QR code, without having to exchange money or withdraw cash. “In my opinion, for companies like Tencent, Finland and the Nordic area is a rapidly growing tourism market, and Finland is also a convenient shortcut between China and the rest of Europe,” says Service Manager Jie Guo from Avaintec. The default local currency for WeChat Pay is cny and customers also see their purchase amount in cny.Helsinki Business Hub worked with Tencent and helped the company look for potential partners in Finland. You can create WeChat Pay payments in the currencies that map to your country. You will then need to arrange an alternative way of providing your customer with a refund. In the rare instance that a refund fails, the Refund object’s status transitions to failed and Stripe returns the amount to your Stripe balance. When a refund succeeds, the Refund object’s status transitions to succeeded. Stripe notifies you of the final refund status using the webhook event. ![]() Refunds for WeChat Pay payments are asynchronous. Jakarta, CNBC Indonesia - Raksasa dompet digital asal China, WeChat Pay resmi beroperasi di Indonesia dengan menggandeng salah satu Bank BUKU 4 tanah air. After 180 days, it is no longer possible to refund the charge. Payments made with WeChat Pay can only be submitted for refund within 180 days from the date of the original charge. WeChat Pay is the leading mobile pay platform in China, with more than 800 million monthly active users and over 1 billion daily transactions on average in 2018. Therefore, there is no dispute process that can result in a chargeback and funds being withdrawn from your Stripe account. WeChat payments have a low risk of fraud or unrecognized payments because the customer must authenticate the payment via the WeChat Pay app. Monthly Active Users: 1. If your integration requires manually listing payment methods, learn how to manually configure WeChat Pay as a payment. WeChat The Most Popular Instant Messaging & Payment App in China. The following Stripe products also support adding WeChat Pay from the Dashboard: Checkout, a prebuilt, hosted checkout pageĪfter setting up your payment form, activate the payment methods you want in the Stripe Dashboard.Follow a quickstart for one of our hosted UIs: If you use our front-end products, Stripe automatically determines the most relevant payment methods to display. ![]() You don’t actually have to integrate WeChat Pay and other payment methods individually. There are now 26 pilot cities and 5. Partial (request an invite to create charges on behalf of other accounts) Chinese consumers, overseas Chinese, and Chinese travelersĬNY, AUD, CAD, EUR, GBP, HKD, JPY, SGD, USD, DKK, NOK, SEK, CHF (depending on business location) ![]()
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