Plugin / WooCommerce Yuansfer Payment

Description

Introduction

Yuansfer Payment Gateway/Extension (free) enables you to incorporate Chinese payment methods including WeChat Pay, China UnionPay, and Alipay. You can allow customers to make Chinese online and mobile payments with only a few clicks.

Background

With a market of consumers surpassing a billion and Alipay and WeChat Pay the preferred way for consumers to make transactions. Allowing your consumers to pay through these apps could allow for a unprecedent growth opportunity for your company. Accepting Alipay, WeChat Pay and Union Pay would grant access to your company to approximately 900 million Chinese online shoppers and more than five million annual visiting tourists as well as two million US residents.

Benefits

• 2 business funding in USD to any US bank account.
• Full & partial refunds.
• Pre-authorization or Pre-auth available for hotel, travel, and car rental merchants.
• Most transparent pricing at 2.3% per transaction, with No surcharges, No hidden fees, No monthly fees, and No commitment. (Custom rates available for merchants with large payment volume)
• Currently only available in the US.

Features

• Swift Transactions using Alipay/WeChat Pay/ China Union Pay
• Improved engagement with Chinese shoppers
• Increased security measures to protect both you and your customers
• Technologies to help reduce your cart abandonment rate to increase sales.
• Review statistics to make informed decisions about what works and what doesn’t

Process Flows

1. The customer places an order on your website and chooses to pay with Alipay, WeChat Pay or China Union Pay.
2. The customer is redirected to the Alipay or WeChat Pay website/App to log in and is prompted to confirm payment within the e-wallet.
3. The payment status is communicated to you in real-time.
4. We remit the collected payments to you in 2 business days.

About Yuansfer

As the world becomes increasingly interconnected and cross border purchases are growing exponentially- both in stores and online; businesses are now faced with the challenge of trying to meet the consumers’ demand for seamless payments.
Yuansfer seeks to empower merchants with reliable global payment technology and help them expand to international markets. We are a global company ourselves with offices in New York City, Los Angeles and China. And we take pride in growing business from local to global, while bridging the gap between US brands and Chinese consumers with our proven payment solutions.