Worldline has launched its China All-In-One solution from Ingenico, which unifies its suite of Chinese payment solutions, including AliPay, WeChat Pay, and UnionPay, into one package.
The China All-In-One solution allows customers to enter the rapidly expanding Chinese eCommerce market with greater ease, as well as unlocking its full potential. The new offer has a fixed rate and transaction fee of 1.9%, plus 0,20 Euro per transaction and is one of the most competitive offerings on the market for international businesses selling to Chinese consumers.
Moreover, the solution covers the vast majority of all locally preferred payments methods (92%) with Chinese consumers favoring mobile-based payment methods. It will give online businesses equal access to features that meet these needs, including AliPay and WeChat Pay.
Edouard Billion, Head of Growth and Partnerships, Digital Commerce, Merchant Services at Worldline said:
“The Chinese market is growing incredibly fast but has significant barriers to entry for international businesses. The unique domestic ecommerce ecosystem demands a specific solution tailored to local preferences. This tailored approach unlocks huge rewards as doing business in these high growth markets can be massive for online businesses.”
Worldline is also announcing it is the first international payment service provider (PSP) to unlock the full potential of WeChat Pay by offering payments through official accounts and mini programmes which represent almost all of WeChat’s flow.
Mini programmes are essentially apps within WeChat that allow businesses to access unique features such as user location, scanning offline QR codes on magazines and billboards, and the ability to conduct marketing directly to the full WeChat userbase.
Additionally, as part of the package, Worldline will also provide its expertise in conversion optimisation for AliPay, as well as allowing international businesses to offer the ability to pay using UnionPay, in the form of UnionPay International and China UnionPay. With UnionPay being the third most favored payment method in China, the package covers the most used payment methods in the country.
