More than 1 billion people use WeChat and AliPay each month. Both payment methods are based on mobile-based application either providing customer wallet ID to merchant in the form of QR, or scanning merchant QR ID. Transactions are performed on-line, as fast as any classic payment scheme.
Customer scans a dynamic QR online or at POS with their WeChat or AliPay mobile app and confirms payment with a PIN or biometric authorization.
What IPSP offers
- AliPay and WeChat support on IPSP POS terminals
- Online payment gateway