Industry: Shoes / Hotel / Education / International Logistics / Other Services / Digital Appliances / Maternity / Cosmetics / Food / Shopping Mall / Wholesale Chain / Others
Requirement: Offline industry priority. Finance, Insurance and Foreign Exchange is not allowed
What is the settlement cycle?
Usually it takes 7 days. It varies as T+1, T+3, T+5 or T+7 depending on different countries.
What is the transaction limit?
Wechat’s cross-border purchase of foreign exchange to purchase foreign exchange is completed by Tencent, so it does not occupy a foreign currency restriction quota of 50,000 U.S. dollars per year. Users pay RMB, so there is no limit on payment through cross-border payment. The payee’s merchant also has no limit.
Which countries will Wechat cross-border payment be supported?
WeChat Pay support major currencies including but not limited to GBP, HKD, USD, JPY, CAD, AUD, EUR, NZD, KRW settlement. WeChat Pay will have settlement with vendors according to the price in local currency. For unsupported currencies, trade can be made through settlement on US dollar.
What is the transaction fee rate?
It varies from different countries. Please contact us to check.
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