The main payment method in China is Online pay, including WeChat pay and Alipay. In daily life, Chinese people seldom use cash.
1. WeChat Pay
Wechat Pay is a mobile payment service owned by Tencent, a large Chinese Internet company.
It allows users to transfer money, make payments or buy goods and services to friends and merchants through the Wechat APP. Wechat Pay supports a variety of payment methods, including wechat change, bank cards, credit cards and balances.
Users can complete the payment by scanning the QR code provided by the merchant or searching for the merchant directly on wechat. Wechat Pay’s security and convenience have made it one of the mainstream online payment methods in China.
At the same time, Wechat Pay also provides a variety of marketing activities and coupon functions, increasing the user experience.
2. Alipay
Alipay is a leading third-party electronic payment platform in China, established in 2004 and operated by Ant Financial, a subsidiary of Alibaba Group. Alipay provides users with online payment, transfer, personal finance, consumer credit, insurance and other services, and has become an indispensable payment tool in the daily life of Chinese users.
Alipay is very simple to use. Users can register through the mobile App or web version, bind a bank card or credit card, and then use Alipay to make various payments and transfers. Alipay supports a variety of payment methods, including scanning code payment, two-dimensional code payment, mobile payment, etc., and also supports a variety of online and offline merchant services.
In addition, Alipay also provides credit card repayment, water, electricity and coal payment, personal finance and other services to facilitate users to manage various economic activities in daily life. At the same time, Alipay has also launched financial products such as wallets and Yu ‘e Bao to provide users with a series of financial services.
Alipay is committed to providing users with convenient and secure payment methods, while helping merchants and individuals improve transaction efficiency and experience. At present, Alipay has become one of the most popular and popular third-party payment platforms in China.
3. Credit Card Pay
Bank credit card payment is also an important way of online payment, such as online shopping, online food ordering and online car booking.
