800 million of WeChat users plus 400 million of Alipay users.
To provider mainland traveler's the most preferred payment methods to improve the user experience.
They help merchants to do more business through their integrated ecosystem and big data application.
More and more merchants around the world have been using WeChat Pay and Alipay.
Provides a variety of payment tools including online shop and offline store(such as POS,Qrcode,Online api).
Provides payment service and value-added services to merchants in different regions (currently including mainland China, Thailand)
Also provides marketing tools like coupons, promotions, and memberships for their marketing operations.
Chinese WeChat Pay/Alipay users present their WeChat Pay/Alipay payment code to the merchant. Merchants scan the code to take the payment. Cashiers can use Quick Pay to accept payments within 1-2 seconds without the need for any cash or change, increasing efficiency and avoiding cashier errors.
Merchants generate their own individual payment collection QR code. Users open WeChat/Alipay to scan the code, confirm the amount, and make the payment after passing the security checks.
Users use WeChat/Alipay's'"Scan" feature to scan a payment code generated by a merchant on a web page to make a payment.
Merchants can communicate with users on WeChat through Official Accounts. Once a merchant has opened an Official Account and enabled the payment feature, users can pay for goods and services inside the Official Account.