Now Wechat cross-border payment is available in the United States. Low rate and T+3
How do US companies open WeChat cross-border payment? Here please let me talk about the detailed process below:
Conditions for US companies to open WeChat cross-border payment:
• Online payment including websites or applets
Conditions: corporate qualifications, bank account number, driver’s license, bank statement, website address
• Offline payment including convenience stores, supermarkets, restaurants and etc.
Conditions: corporate qualifications, bank account numbers, driver’s licenses, bank statements, shop heads and in-store photos
US WeChat cross-border payment transaction rate
• Offline: Around 1.8%
• Online: Around 2.0%
US WeChat cross-border payment settlement cycle:
• Cycle: T+3
How do US companies get WeChat cross-border official account?
US companies can register the WeChat official account with the overseas entity. To get certified with US corporate entity, the applets is available. To apply for a US cross-border official account and applets, please contact us at flora@xunhuweb.com to get a quick Wechat official account certification.
Canadian WeChat cross-border payment application process
Checklist:
• Business registration copy
• Corporate ID front and back
• Bank check copy
• A screenshot of the website or a photo of the store’s door.
Canadian WeChat cross-border payment transaction rate
• Offline: Around 1.6%
• Online: Around 2.0%
Canadian WeChat cross-border payment settlement cycle:
• Cycle: T+3