Accept WeChat Pay in Canada
AlphaPay lets Canadian merchants accept WeChat Pay in-store, online and by invoice. Your customer pays in RMB from the WeChat wallet they already use; you receive Canadian dollars in your bank account within two business days. There is no setup fee and no monthly fee, and WeChat Pay transactions carry no chargeback risk.
WeChat Pay with AlphaPay at a glance
| Details | |
|---|---|
| Who can pay | Any WeChat Pay user, including visitors, students and new immigrants from China |
| Currency | Customer pays in RMB; you are settled in CAD. The exchange rate is locked at the moment of payment |
| Settlement | T+2 (two business days) to your Canadian bank account |
| Fees | No setup fee, no monthly fee. A service fee per successful transaction, deducted at settlement. Refunded transactions are not charged |
| Chargebacks | None. WeChat Pay works like a debit payment, so the risk sits with the consumer, not the merchant |
| Day-end | Automatic at 12:00 am Pacific time. No manual close-out |
| Where it works | POS terminal, store QR code, payment link, invoice, website plugin or API |
Four ways to accept WeChat Pay
POS terminal
Scan the customer’s payment code, or let them scan yours, on an AlphaPay smart POS or a Moneris, Clover, Global Payments, Chase or Elavon terminal running AlphaPay.
Store QR code
Print a static code for the counter. Customers scan, enter the amount and pay. Works for every store and every staff member.
Payment links and invoices
Send a link or an invoice code by chat or email. Ideal for deposits, pre-orders and bills.
Website and app
Free plugins for Shopify, WooCommerce, Magento and OpenCart, or connect with the AlphaPay API.
WeChat Pay questions merchants ask
How does a WeChat Pay transaction work?
The customer pays in RMB from their Chinese bank account or WeChat balance at the real-time exchange rate. The funds are settled to you in Canadian dollars. You never handle foreign currency.
When do I receive the money?
T+2, which means two business days after the transaction.
Does the exchange rate move between the sale and the settlement?
No. The rate is locked when the customer pays, so the amount you see at the till is the amount you are settled, minus the service fee.
Are there chargebacks on WeChat Pay?
No. WeChat Pay and Alipay payments behave like debit transactions. In the rare case of fraud, the consumer is responsible for safeguarding their own account.
Do I pay a fee on refunds?
No. When you refund a WeChat Pay transaction, the service fee on that transaction is waived in full.
Do I need a Chinese bank account or a WeChat account?
No. AlphaPay holds the WeChat Pay merchant relationship on your behalf. You only need a Canadian business and a Canadian bank account to be settled into.
How long does onboarding take?
Submit the application form with your business details and documents. Our team reviews it, sets up your WeChat Pay merchant profile and ships or activates your terminal or QR code.
Start accepting WeChat Pay
Tell us about your business and an account manager will contact you shortly.
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