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This is the most popular way to apply for payment as oversea business. Pros: For Australian merchants, the rate is usually between 1.5-2%.
For most countries, the rate is usually between 2-3%.
Here is how you can change your bank card: Personal We Chat payment is only used for peer-to-peer transactions. Company We Chat Pay account will settle the payment in a company’s bank account.
Now enjoy shopping 🙂 Some people might link a friend’s bank card with We Chat Wallet and later wants to change it, you may bump into a lot of error messages if the two bank cards have different names.
For overseas business, you can setup We Chat cross-border payment account.
This account will let your customers to pay in RMB using We Chat Pay, and the payment will be able to settle in your overseas bank account.
You can write to [email protected] ask to be introduce to one of the payment agencies for a better rate.
Depending of the country, you will have different agencies to choose from.
Here is a trick to see the We Chat Wallet on the international version of We Chat.