What Is WeChat Pay?
WeChat Pay is a popular mobile payment method that originated in China and is now widely used across Southeast Asia. Embedded within the WeChat app, this payment solution lets users make quick and secure transactions from their mobile devices. With over 800 million active users, WeChat Pay is an essential payment method for businesses looking to tap into the Asian market.
How Does WeChat Pay Work?
WeChat Pay is a digital wallet within the WeChat app, allowing users to link their bank accounts, credit cards, or debit cards to facilitate payments. To complete a transaction, users can either scan a QR code displayed by the merchant or present their own QR code to be scanned. This method is widely used for both in-store and online purchases, peer-to-peer transfers, and bill payments.
WeChat Pay is part of the popular WeChat super app, which makes it convenient for users to make payments while chatting, shopping, or interacting with the app.