WeChat Pay users need to register his/her personal or business bank account details with the WeChat Pay app. After registering, users can link their WeChat Pay wallet to their respective bank accounts. Once the wallet is linked, users can start making payments online. The platform also allows users to transfer money to other WeChat Pay users.
WeChat Pay also allows businesses to accept payments from their customers in a variety of ways. First, businesses can scan the customer’s WeChat Pay QR code with a barcode scanner. Then the customer can enter the amount to be paid and then confirm the payment. Alternatively, businesses can also accept payments from customers through the WeChat app itself. Customers can enter their payment information such as their bank account number or their digital wallet’s payment information into the app.