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 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 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.
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 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.
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 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.
It introduced its own facial-scan payment product referred to as “Blue Whale” in October 2019, which signaled FRP’s widespread recognition as a mainstream payment approach in China (Jao, 2019).Due to the prevalence of smartphones and e-commerce, third-party payment platforms such as Alipay and WeChat Pay have gained the upper hand over traditional payment methods since 2012, with user penetration rates reaching 70.9% and 86.4%, respectively (36Kr, 2019).
To be specific, users of mobile payment platforms that offer facial recognition payment service as an option for their users, such as Alipay and WeChat Pay, were targeted participants in this research.