Alipay and WeChat Pay for Education
Helping you deliver on your Chinese customers most important payments.
Recent International Survey Results
- Results show 86% of Chinese students and parents expressed a desire to use a payment method popular in their home country and currency, such as Alipay and WeChat Pay.
- 63% of students and parents noted that a “slow and painful” tuition fee payment process would negatively impact their view of an institution.
- Six out of ten respondents claimed that their experience of paying fees had been problematic.
- Common issues included 53% being worried about security, 70% about the ability to track payments and 19% saying they had experienced hidden or unexpected charges such as foreign exchange rate conversions and extra bank fees.
- Four out of five international students want to be able to pay their tuition digitally.
The Payment Solution for Education
This solution is designed to make it easy for the education sector to offer China’s most popular payment methods, Alipay and WeChat Pay. Equally removing the friction from the fee paying process for students, parents or family members in China paying the school fees or tuition fees. Payments can be processed at your premise in person using an existing EFTPOS terminal and by adding a link to our payment platform in your invoice. Mandatory reference fields ensure payments are easily reconciled.
Customised Payment Page for Schools
Your payment page is accessed via either an URL link or a QR code. It is customised with your branding and reference criteria along with a payment QR code for sharing to family members back in China. All translated and bilingual. Here is the example: https://pay.payplusinc.com/demo
Reconcilation on Alipay and WeChat Pay
Easy to view and export key transaction information for reconciliation purposes. Mandatory reference fields can be set up to capture key identification information use such as student ID, invoice number, student name, even multiple references.
Refund on Alipay and WeChat Pay
Refunds on Alipay and WeChat Pay are actually reversals or partial reversals of the original transaction. Lookup functions make it easy to identify the original transactions to refund. A six digit refund code is issued to ensure only authorised person can use this function. Refund exchange rates are set at the rate of the original transaction so there is no foreign exchange liability.
What we charge and how we settle
Our fees are typically the same or similar to existing credit card fees, therefore not adding any additional fees and at the same time reducing costs and complications on the students or parents side. No setup or monthly fees. Settlements are T+2, two business days from the date of processing.
Online Payment Page
Alipay and WeChat Pay
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0
Monthly
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We match your credit card rate
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Tailored online payment gateway for free
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No setup fee
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Settle funds in two business days
Online
What students and parents say
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What our clients say
Our parents are genuinely excited to see we are now offering Alipay & WeChat Pay.
Before, during and after the COVID-19 lockdown it became apparent that our clients need and want more options/ways of paying their bills.
The PayPlus solution was very simple and easy to use. All our queries and questions were answered straight away; advice and solutions given and everything was done in a couple of days.
The customer service was excellent, they visited us and explained in detail how it all works.
It has been very successful and we have more and more clients using this way of payment.
I would highly recommend PayPlus.
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See who is using PayPlus
Let's get started
Includes support and advice to get you started. No commitment.
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