![]() ![]() The Merchant Backend System is the generic term for the Merchant's backend services processing system, and includes the Merchant's website, checkout system, purchase-sale-stock system, delivery system, and customer service system. When integrating with WeChat payment, this system requires the development and testing of a POS system. The Merchant Point of Sale Terminal refers to the POS system commonly used by a cashier that helps record product data, create orders, assist the Payer's payment and print the transaction bill. The WeChat Payment System is the generic term for the backend services processing system for APIs, account system, and the callback notification system for the WeChat payment process. ![]() The WeChat Merchant Platform serves as the functional hub for merchant features related to WeChat payment, including parameter settings, payment data query and statistics, online refunds, mobile coupon management, and other features. Using this platform, merchants can apply for WeChat in-app payment. The WeChat Open Platform serves as the entry point for a merchants' app to access to the WeChat payment open API. Using this platform, merchants can submit their basic information, business data and financial information for enabling WeChat payment. The WeChat Official Account Admin Platform serves as the application entry and management platform for official accounts. It does not store any personal data.Definitions 1. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. ![]() The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. ![]() The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Tech In Asia tested it out for a day in China and came away reasonably impressed, although it seems there’s room for improvement.Tencent previously disclosed that 200 million user cards were attached to the payment service as of November 2015, thanks to a genius campaign that taps into China’s tradition of sending red envelopes during New Year, but now it said the figure is “safely more than 300 million” while it also gave us clues as to how large its volumes could become.(Source: TechCrunch) About WeChat Payment is another area and over the past year, Tencent has put considerable focus into its China-based service, WeChatPay, which can be used to transfer money between WeChat users (peer-to-peer) and make payments online and with participating offline retailers. Beyond text messaging, voice and video calling, the service includes a social network timeline, branded accounts, shopping, games and more. It was first to popularize putting brands in chat and integrating third-party services, two trends Facebook-owned WhatsApp and Messenger and others are jumping on, and it looks like payment is the next major focus. WeChat, China’s smash hit chat app, has long been a bellwether for the future of mobile messaging. ![]()
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