Adyen Wechat Pay

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  • We offer a full service integration to WeChat Pay. This means that, with a single contract and connection with Adyen, you have access to WeChat Pay, not to mention Alipay, Apple Pay, and any other payment methods your shoppers are using. Also included in this integration: Refunds and partial refunds.
  • To accept WeChat Pay payments on your mobile app, you can use your existing Android Drop-in or Component integration, or build the integration yourself using WeChat mobile SDKs. When the shopper selects to pay with WeChat Pay, the shopper is switched to the WeChat app to verify the payment. When the payment is completed, they are switched back.

WeChat Pay: China: Digital Wallet: Shopper's shipping address is in any country, and the transaction currency on the order is AUD, CAD, CNY, EUR, GBP, HKD, JPY, NZD, SGD, or USD. Confirm with your Adyen support representative that.proper flag of 'SALE' is set accordingly for this payment method configured in your Adyen account.

New partnership makes it easy for BigCommerce merchants to expand quickly into new markets while managing risks

LONDON – 14 July, 2020 – BigCommerce, a leading open SaaS ecommerce platform for fast-growing and established brands, has rolled out a new integration with global payments platform Adyen, giving more than 60,000 merchants on BigCommerce access to an all-in-one payments solution. Through this integration, merchants will be able to offer local payment options and alternative payment methods at checkout in over 145 currencies.

Adyen pay

According to a recent study, only 42 percent of merchants view the offering of local payment methods to international shoppers of high importance for their business, even though the majority (53%) of shoppers have made an online purchase with a merchant in another country1. Adyen supports global credit and debit cards like Visa, Mastercard, American Express, and Discover, as well as local credit and debit cards like WeChat Pay (China), iDeal (Benelux), Giropay (Germany) and ACH Direct Debit (US) so merchants can offer a variety of options that meet the needs of their local and international shoppers. A dynamic checkout ensures that the consumer will only see the options that are available for their chosen currency.

“Consumers are more likely to complete the checkout if they can pay using their preferred payment method with home currency, and merchants need access to tools that can provide that localized experience to international shoppers,” said Jim Herbert, EMEA GM for BigCommerce. “BigCommerce is committed to working with partners that can meet the needs of our global merchant base, and as one of the most well-respected and rapidly-growing payments platforms worldwide, Adyen safely opens up these new capabilities for our customers.”

With Adyen, BigCommerce merchants in Europe and APAC will have the ability to:

  • Add most major payment methods to checkout. Adyen easily integrates local payment methods into the checkout so merchants can expand their businesses into any country.
  • Manage fraud. Through Adyen’s risk management system RevenueProtect, merchants can create risk rules to minimize fraud without impacting genuine transactions. With supporting gateways, merchants also get access to an additional layer of fraud protection with 3D Secure 2.0 (3DS2).
  • Store credit cards. With this integration, merchants will be able to enable credit card vaulting on their website, providing customers a convenient way to get through the checkout process quickly and easily.
  • Leverage the latest innovations. The integration will assure that merchants stay up to date with the latest innovations, as updates will automatically be rolled out, giving customers access to new payment experiences and compliance tools such as 3DS2, straight away.
  • Reduce risk. As Adyen will collect the sensitive cardholder data securely via the custom card web components within the integration, it will reduce the PCI DSS-compliance requirements for BigCommerce merchants while being fully PCI compliant.

Adyen Wechat Payment

'Global expansion has just become easier for BigCommerce merchants,' said Roelant Prins, CCO of Adyen. 'This new, seamless integration will allow their customers to pay the way they want, no matter where in the world they are. We're really excited by this partnership and look forward to watching the growth of our new merchants.”

Adyen Payment Provider

Beginning today, existing BigCommerce merchants can activate the Adyen integration directly within their BigCommerce Control Panel. For additional information on the benefits of leveraging Adyen as your ecommerce payments platform, visithttps://www.bigcommerce.com/dm/adyen-pr.

Adyen Wechat Pay

1 “Unified Commerce: Capitalizing on a £2.6 Trillion Global Retail Opportunity.” Adyen. September 2019.

About BigCommerce

BigCommerce is leading the new era of ecommerce. Through our software-as-a-service platform that simplifies the creation of beautiful and engaging online stores by delivering a unique combination of ease of use, enterprise functionality and flexibility, BigCommerce empowers businesses to turn digital transformation into a competitive advantage. Our platform powers B2B, B2C and DTC ecommerce for more than 60,000 online stores across 120 countries, including Fortune 1000 companies and industry-leading brands like Avery Dennison, Bliss, Burrow, Jeni’s Ice Creams, Skullcandy, Sony and Woolrich. For more information, visit www.bigcommerce.com.

About Adyen

Adyen (AMS: ADYEN) is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L’Oréal.

One of the most popular mobile payment apps in China, WeChat Pay has been available for online commerce via the Adyen platform since 2016. And now, according to Adyen’s press release, the mainstream mobile payment method will now be going offline for Adyen’s merchant clients.

Adyen Wechat Pay

Adyen Pay

This is a big benefit for Adyen brick-and-mortar merchants as they will now have the capability to facilitate their commerce via China’s three largest payment providers – Alibaba’s Alipay, China UnionPay and now WeChat. And from a company perspective, the WeChat Pay addition is another big push towards Adyen’s unified commerce solution.

Chinese consumers strongly favor mobile commerce facilitated by apps like WeChat Pay. In fact, mobile payment volume in China more than doubled to $5 trillion in 2016, according to CNBC.com. And according to Adyen, WeChat alone has 1.3 billion users – with 400 million of them using WeChat Pay for either product purchase or P2P payments.

Adyen Payment Processing

Wechat

Adyen Payment Services

Adyen Wechat Pay

The release also touts a few key trends as being responsible for China’s new buying power:

  1. Chinese consumers favor luxury brands and are responsible for up to half of all luxury brand sales worldwide.
  2. Chinese consumers have a broad commerce scope and often shop cross-border for their purchases. Adyen cited data from Forrester predicting a 20% increase in cross-border ecommerce by 2022 (reaching $630 billion), with China in the lead.

Speaking specifically about the ability for offline merchants to enable Chinese consumers to make payments via their three most popular payment methods, Roelant Prins, Adyen’s chief commercial officer, explains that the new offering enables Adyen merchants to “cater to this incredibly important and large customer base as they travel abroad.”

Adyen Payment Methods

To further quantify the large impact Chinese consumers have on the payments ecosystem, Prins references Singles Day – an annual Chinese entertainment festival popular among the young singles in mainland China to celebrate their single status. The same release quotes him as explaining that, “After November’s record-breaking Singles Day sales, it’s more important than ever for retailers to find ways to allow Chinese consumers to make purchases with their payment method of choice.”