WeChat Pay definition

WeChat Pay means a payment system and funds transferring services provided by Tenpay Payment Technology Co., Ltd. via Wechat Native Payment (“Wechat Online”) or Wechat Quick Pay (“Wechat Offline”) Payment service, a company incorporated under the laws of China with its office located at Tencent Building, Kejizhongyi Avenue, Hi-tech Park, Nanshan District, Shenzhen 518057.
WeChat Pay means WeChat Pay from Shenzhen Tencent Computer Systems Limited;
WeChat Pay means the Cross-Border Payment Platform where the Platform Administrator is Tenpay Payment Technology Co., Ltd. and its affiliates.

Examples of WeChat Pay in a sentence

  • Payment service providers are financial institutions, credit card companies and mobile payment platforms such as Alipay and WeChat Pay, which the Group believes are of high credit quality.

  • The Acquirer's website and WeChat Pay's website and the Acquirer's Platform and the WeChat Pay Platform are subject to maintenance, repairs, inspections, modifications and improvements, during which the Services may not be available.

  • The 2022 Guangzhou Baitian — WeChat Pay Service Agreement is for a term of one year commencing from 24 February 2022 and ending on 23 February 2023.

  • The General Meeting shall decide matters on which the law or the Articles of Association explicitly state that the General Meeting should decide.

  • Alipay / WeChat Pay / MPay etc) or credit card can be accepted in the Redemption.

  • This affects non-bank payment services such as Ant Group’s Alipay and Tencent’s WeChat Pay, as the measures include anti-monopoly rules that work against firms with a dominant position and would allow the PBoC to break up firms if they affect the development of the payments market.

  • The Merchant guarantees that the Products sold to WeChat Pay Users through the Merchant's Platform shall not contain articles prohibited or restricted from being sold to customers under the applicable laws and regulations, including the products listed in Appendix I hereto, which may be updated by the Acquirer from time to time.

  • Trustee Not Liable for Certificates or Mortgage Loans..........................................82 SECTION 8.04.

  • Due to the pandemic, it is expected that the revenues from payments will decline by 7% in 2020 due to the reduction in the volume of transactions in the retail sector.Mobile wallets have been widely adopted by consumers worldwide: Apple Pay, Ali Pay, WeChat Pay, Samsung Pay and Android Pay.

  • Refer to consumers’ (end-buyers) (i) issuing banks that issue cards to cardholders or paying banks or (ii) digital wallet issuers, such as Alipay and WeChat Pay, who open digital wallets linked to bank accounts for consumer.


More Definitions of WeChat Pay

WeChat Pay is a payment option offered by the Acquirer allowing WeChat Pay Users to use their WeChat Pay account to make purchases of Products; “WeChat Pay Services” are services provided by the Acquirer to facilitate WeChat Pay payments in connection with Transactions;
WeChat Pay means an electronic wallet of a Customer opened and/or registered with Weixin through Weixin Pay application, website and/or other means, which stores the Customer’s debit and/or credit card information and value of money prepaid by the Customer or any person.

Related to WeChat Pay

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