WeChat Pay is a payment service operating as a digital wallet based on the WeChat messenger. Until now, Russian companies and entrepreneurs could accept payments via WeChat Pay only at offline retail outlets.
The new option will suit any online business that is already working or planning to work with customers from China: services selling tickets for trains and airplanes, tickets for excursion tours, theatre and museum tickets, websites of travel agencies, food delivery services, hotels, taxis, online stores, online training courses, and other services.
Yandex.Checkout started enabling payment acceptance via WeChat Pay to offline companies in late 2018. The service is popular amongst the duty free shops in Russian airports. Now, companies operating online that are seeking to enter the Chinese-oriented market can also accept payments via WeChat Pay.
Companies that already work with Yandex.Checkout won’t need to set anything up to add payment acceptance via WeChat Pay to their website: all that’s required is an additional contract. Companies that have not yet joined Yandex.Checkout will need to sign a contract and implement the payment solution.
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