Our WeChat Pay iOS Component renders WeChat Pay in your payment form and triggers the app switch from your app to the WeChat app on the shopper's device. Before you begin This page explains how to add WeChat Pay to your existing iOS Components integration. If live WeChat Pay transactions are not enabled for your Adyen test account, you will receive a 903 Internal error message when making a payment. Show WeChat Pay in your payment form Show WeChat Pay as an available payment method in your payment form. We provide logos for WeChat Pay which you can use on your payment form.
November15, 2016, Sydney, Australia-Gmt time zone to est time zone. Adyen, the payments company powering globalcommerce for Uber, Facebook and Netflix amongst others, today announced that ithas added WeChat Pay to its portfolio of local payment methods. It is the firstmajor payment service provider to offer WeChat Pay on a global scale, enabling businessesto access 400 million Chinese shoppers.
China isat the forefront of the mobile payments revolution that is powering global ecommercegrowth. 15% of China’s total population is expected to make a cross-borderpurchase by the end of 2016 – amounting to $86 billion in transaction value. By2020, Adyen expects this to increase to as much as 75%, which presents anexcellent opportunity for Australian companies who are looking to expand theironline businesses into China.
“We need to be where our customers are –and as a British-made brand we have a huge following from customersin China. Mobile commerce is vital for this market especially for theyounger, urban Chinese shopper. WeChat Pay is essential for targeting thisexciting demographic,” said Natalie Zhu, China MarketingManager, The Cambridge Satchel Company. “Our global partnership with Adyenallows us to roll out new local payment methods as they become relevantto our customers, hassle-free”.
“We arevery excited to support WeChat Pay. When combined with our existing UnionPayand Alipay integrations, it gives businesses access to the world’s biggestecommerce market with a single partner. This is the final key to unlocking fullaccess to the Chinese shopper,” said Adyen CCO Roelant Prins. “This isespecially appealing to travel businesses and high-end retailers.”
Adyen Wechat Pay Account
WeChatPay is the latest addition to the constantly evolving suite of local paymentmethods offered by Adyen. WeChat, originally a messaging app, has evolved intoa digital ecosystem featuring payments features that are already used by halfof WeChat’s 800 million users.