Follow the instructions below to contact a local qualified institution for WeChat Pay access: Merchant Guide Due to uncontrollability of overseas acquiring strategies in the future, it is recommended that merchants choose the institution mode. For details about the access procedure and qualification requirements for this mode, visit Direct Connected Application Guide. This access mode is currently only available in Hong Kong, Singapore, and the UK. In the direct mode, merchants may connect directly with the WeChat Cross-Border Pay API, and WeChat Pay settles the transaction funds to merchants. WeChat Cross-Border Pay currently supports two access modes: direct mode and institution mode. Therefore, the WeChat Pay system for overseas merchants not only enhances the shopping experience for Chinese customers through a familiar payment method, it also allows the merchants to manage their relationship with Chinese tourists over a long period and expand the Chinese consumer market through the online WeChat platform.Before access, merchants/institutions should first identify the applicable access mode of the regions where their companies are registered. Secondly, once the Chinese tourists have left the U.K., overseas merchants can use WeChat’s promotional products to maintain long-term communication and contact with them, and thus keep the door open for future transactions.Firstly, in the process of shopping - fluent communication with a payment method they are familiar with can help overseas merchants provide a better service and experience to their Chinese customers.Is there a communication channel that allows merchants to communicate with Chinese customers more easily? The answer is an emphatic yes! WeChat and WeChat Pay can help overseas merchants to improve their service in two ways: Besides the issue of communication, Chinese customers’ shopping style and habits are also very strange to overseas merchants. Since they are based overseas, merchants can face considerable difficulties in dealing with Chinese customers. Eliminating Language Barriers between Overseas Merchants and Customers For overseas merchants, in addition to not having to exchange currency, the WeChat payment method offers them a new opportunity to provide long-term customer management and service upgrades. Customers avoid the need to exchange large amounts of foreign currency, and therefore WeChat Pay saves them a lot of trouble. The WeChat payment system now supports 13 foreign currencies, and merchants in 28 countries and regions have adopted WeChat Pay as a payment method for their online and offline transactions. In this process, WeChat acts as a bridge between Chinese customers and overseas merchants by providing cross-border payment solutions. As regards the overseas merchants, they will receive GBP as the settlement currency instead of having to exchange currency. This process is highly convenient, since it eliminates the need to exchange foreign currencies, and thus saves the extra exchange fee. Since the products are labelled in GBP, WeChat Pay adopts the real-time exchange rate of the China Construction Bank (CCB) in order to transfer GBP for the Chinese customers to pay with. WeChat Pay allows Chinese customers to use RMB to make purchases when shopping abroad.
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