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.

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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

• 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 Merchant shall present a truthful description of WeChat Pay or AliPay services in accordance with WeChat Pay or AliPay’s guidance and introduction, and direct WeChat Pay Users and AliPay Users to access WeChat Pay's or AliPay’s Platform through the Merchant’s Platform to submit service applications.

• The Merchant shall ensure that WeChat Pay and AliPay are identified as prominently as other payment forms via physical placement on Merchant’s Platform.

• The Merchant shall not restrict their customers in any way from using WeChat Pay as a Payment method at the checkout at any of the sales channels, including establishing or changing a minimum or maximum purchase amount for customers using WeChat Pay.

• WeChat Pay and AliPay shall be identified as prominently as other payment forms via physical placement on the Merchant's website, drop down boxes, menus, dialog boxes and similar lists and methods used to select a payment type.

• 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.

• The WeChat Pay or AliPay logo and content must be used only for the purpose of indicating acceptance of WeChat Pay or AliPay by the Merchant as a form of payment, unless otherwise authorized by the Acquirer.

• The Merchant will be responsible for any breach or violation of this Agreement by the Merchant or WeChat Pay Users or any of its employees or agents and indemnifies the Acquirer in full in such case as set forth under this section.

• The Acquirer Processes Transaction Payments via WeChat Pay and AliPay on behalf of the Merchant for the sale of Products & Services by way of the provision of a payment aggregation and settlement service ("Services").

• Once the merchant has paid this invoice the Acquirer will release the funds to the WeChat Pay user or AliPay User.

More Definitions of WeChat Pay

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.

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;