WeChat is a semi-wallet. Whereas standard wallets require funds to be deposited first, a semi-wallet can forward funds to other payment methods, such as a bank account number or credit card. According to the latest WeChat Pay statistics, as many as 800 million people use WeChat Pay (figures reported by Tencent for Q4 2019).
| Category | Details |
|---|---|
| Category | Regional payment options |
| Available country codes | CN |
| Supported currencies | CNY |
| Supported API | Order: create |
| paymentMethod id | 1978 (WeChat Pay ecommerce) 2074 (WeChat Quickpay) |
| Minimum transaction amount | €0.01 |
| Maximum transaction amount | €10,000.00 |
| Time-out | 4 hours |
| Order operations | One refund per transaction allowed , up to 100% of the order amount |
| Refund validity | 13 months |
| Recurring | No |
| Guaranteed payment method | Yes |
| Chargeback risk | No |
| Chargeback period | - |
| Surcharging | Not allowed in Euro zone |