#ALIPAY VS WECHAT PAY CODE#

With cash, customers are far more conscious of going over the amount they have in their wallets. Why accept WeChat Pay and Alipay? Increase average spendĪ number of studies show that customers spend more on cards when compared to cash.

#ALIPAY VS WECHAT PAY CODE#

QR code payments are the dominant form of payment in China with over 80% of customers regularly using them to buy products.Īlipay forms a large part of that market by offering offline instant payment solutions which allow merchants to collect money through scannable barcodes.Īccept Alipay and you will provide your Asian and Chinese customers with one of their favourite ways to pay. Alipay offers a range of payment services including offline QR code and e-commerce payments. What is Alipay?Īlipay is the most popular digital wallet in Asia with over one billion active users across mainland China and the world. This article will show you how you can get even more Chinese visitors into your store to buy more products. If you are a business that would like to accept Alipay and WeChat Pay, getting started is simple. This increase will your sales and revenue. Other studies support this and highlight how many Chinese consumers would prefer to use mobile payments for purchases if they could.īy offering a range of alternative payment methods you are reducing the barriers stopping customers from making a purchase. Research by JGOO found that over 90% of Hong Kong and Chinese tourists use WeChat Pay or Alipay as their main online payment and point of sale (POS) payment. In fact, if you are a UK retailer in a tourist area you may be missing out on sales if you just accept just bank cards, credit cards and debit cards. Can you use Alipay or WeChat Pay in the UK? Absolutely.

Alipay vs wechat pay