for New Zealand Businesses
What is WeChat Pay?
WeChat Pay is a cross boarder payment gateway that allows NZ businesses to charge for products and services in NZ Dollars, while enabling Chinese to pay from their China WeChat account linked to their bank account and in their currency.
For most businesses, accepting payments using WeChat Pay is the first and simplest step to engage with Chinese customers.
From here adopting a WeChat strategy beyond payment, local businesses will be able to offer deals, advertise goods and services and even sell products directly via WeChat.
As a NZ authorised WeChat Service Provider, PayPlus is able to set you up with a hassle free WeChat Pay payment solution both in-store and on your website. This can be an easy stand alone solution or a seamless integrated POS solution. Furthermore, PayPlus is unique as we are the only authorised WeChat service provider that has the payment gateway fully hosted in New Zealand.
WeChat Pay in store
WeChat Pay on website
Who Should Become a WeChat Pay Merchant?
Any New Zealand business that wants to attract or encourage higher spending with Chinese customers.
These maybe Chinese tourists, Chinese students, recent migrants from China or those in China looking to purchase New Zealand products.
With Chinese using WeChat multiple times on a daily basis, it is fast becoming the preferred payment method.
Offering WeChat Pay not only simplifies the transaction for Chinese, but also increases the daily sales volume for the New Zealand company.
How WeChat Pay works?
The WeChat Pay converts New Zealand Dollars to Chinese RMB which is deducted from the Chinese customer's WeChat wallet and the amount settles back to New Zealand merchant the next day in New Zealand Dollars.
Merchant sells products and services in NZD
Customer scans the merchant's unique QR code and pays for in RMB according to the WeChat exchange rate
WeChat Pay receives in RMB then settles with PayPlus in NZD