About the company.
We are delighted to introduce WeChat Pay to Australian Merchants.
WeChat is China’s number one social media app and one of the world’s fastest growing with 800m+ monthly active users. WeChat Pay is its mobile wallet function and is accepted everywhere in China. It has fast become the preferred payment method in China over traditional cash or card.
Now with the Australian launch, PayLinx offers merchants in Australia simple, fast and secure payments with WeChat pay – at your counter top or through your online checkout with limitless borders.
PayLinx is experiencing unprecedented uptake with over 600 merchants now accepting WeChat Pay in Australia through our services, and with Tourism Australia’s 2016 Market Profile providing evidence that over 1m Chinese tourists spend in excess of $8bn per annum in Australia, WeChat Pay is a must for any business looking to take advantage of the Chinese consumer market.
Let the PayLinx team show your business the power of the platform and how it lies in combining WeChat payments with WeChat Social Media Accounts – helping merchants not only reach but stay connected with Chinese consumers. Purchases through WeChat Pay automatically follow merchants’ Official Accounts. Users like to share and promote your brand and the purchase throughout their individual social network – enabling simple and easy re-purchasing by the network. This creates a powerful sales and marketing multiplier effect. Contact PayLinx to help you manage this autonomously.
Accepting WeChat is easy
We are meeting with merchants now to run through this quick overview and answer questions.
There is no cost to setup or maintain a WeChat or WeChat Pay account and WeChat offers free national technical support. Accounts have no lock-in contracts and can be closed at any time.
Merchants that offer WeChat Pay to customers experience greater exposure through the social network with special customer offers and discounts – funded by Tencent, WeChat’s parent company.
WeChat Pay works with your existing POS systems and requires no complex integrations. Simply display your unique QR code at your point of sale to accept payments.
Settlement is also simple and easy: if a shopper spends AUD$100, WeChat Pay will debit the same amount from the customer’s WeChat Wallet under a real-time exchange rate in Chinese RMB. Your merchant account is credited the AUD$100 with no impact on the merchant against any foreign exchange transactions that occur between the customer and WeChat itself. Settlement fees are competitive with your existing card systems.
Our aim at PayLinx is to be your trusted digital provider for WeChat Pay; supporting your team and existing developers to deliver complex solutions with simplicity. We’re thrilled with the opportunities that WeChat Pay offers Australian businesses and we at PayLinx are ready to assist you.
We look forward to working with you on this exciting project.
WeChat cross-border payment system
Purchases product for $100 AUD and pays the equivalent amount in RMB from their Chinese bank account
WeChat cross-border account
Processes payment from customer in RMB equivalent and forwards payment to Merchant in Australian Dollars
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