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Do business like a local

The world’s largest e-commerce market can be one of the most challenging. Unique payment platforms demand specialist expertise. Ingenico has been processing payments in China for years with an extensive local team keeping on top of latest developments as they happen. Let us introduce you.

Read the Chinese e-commerce and payment methods overview

I spent $31 billion… in a single day

On Singles Day 2018, Chinese consumers unleashed their spending power to the tune of $31 billion online. That’s significantly more than Black Friday and Cyber Monday combined. And over 90% of online sales happened on mobile.

I booked 100,000 trips… while you were asleep

Chinese travelers are restless. They purchase 300,000 airline tickets every day. That’s 40% of all travel bookings in Asia. Each year, they make 150 million overseas trips — spending twice as much while they’re abroad as US travelers.

I pay $38 billion a year… just for fun

China is the largest games market in the world, predicted to grow to a value of $42 billion by 2020. 620 million people are gamers — almost double the entire population of the United States. Console and PC gaming alone brought in $15 billion in 2018. At least 94% of paying users make in-game purchases.

Do business like a local

Ingenico can help you succeed in a market that is increasingly impossible to ignore. Get in touch and we’ll show you how.

Contact us

Checkout in China

Where other markets often show a preference for one payment method, consumers in China clearly appreciate options. How they pay for a particular transaction can be influenced by promotions and exclusive deals.

Read the Chinese e-commerce and payment methods overview

WeChat Pay

China’s most popular messaging app is also a services and social media hub. The WeChat platform provides a fully integrated experience, including gaming, shopping, and payments. 

There are different ways of initiating a payment request, depending on the device and application the consumer is using. Ingenico’s ePayments platform supports payments in PC and mobile web browsers, apps and WeChat mini programs.

Learn more about Chinese payment methods

Alipay

Alibaba is the largest eCommerce ecosystem in China. Alipay is their own version of an eWallet, which is in close competition with WeChat Pay as the most prominent payment methods for Chinese consumers.

Alipay is integrated into Ingenico’s ePayments platform. Our interface recognizes the device being used and offers a desktop or mobile version. On mobile devices, the Alipay app opens automatically, if it is installed.

Learn more about Chinese payment methods

UnionPay

With 7 billion debit and credit cards issued, UnionPay is the largest card payment organization in the world. We enable you to accept international Chinese cards issued by UnionPay. 

UnionPay has wide reach in the Chinese market, but is behind Alipay and WeChat Pay when it comes to consumer preference. However, UnionPay plays an important role as they aggregate multiple payment methods, such as card payments and online/mobile banking.

Learn more about Chinese payment methods

Do business like a local

Ingenico can help you succeed in a market that is increasingly impossible to ignore. Get in touch and we’ll show you how.

Contact us

Online on the rise

Overall, 57% of Chinese consumers are connected to the internet. This rises to as much as 70-80% in large cities. With more than 800 million people connected, China is home to over a quarter of all internet users on the planet - and growing by over 41 million a year.

Read the Chinese e-commerce and payment methods overview

Mobile first, mobile always

Chinese consumers are almost exclusively mobile. 98% of users access the internet on smartphones and tablets, meaning optimization is absolutely critical to provide the best possible consumer experience. Ingenico’s checkout flows and hosted pages are designed to let the mobile experience shine.

Leading the way in eCommerce

The country that first introduced the world to banknotes is now setting the pace in going cashless. As a relative latecomer to the market, they have been able to leapfrog bricks-and-mortar and bypass legacy payment systems. Advanced mobile payments offer a seamless experience both online and in-store.

Do business like a local

Ingenico can help you succeed in a market that is increasingly impossible to ignore. Get in touch and we’ll show you how.

Contact us

Do business like a local with Ingenico

We know all about the challenges. The cultural differences. The barriers to entry. We understand it’s a completely different marketplace. So we set ourselves a challenge: to learn all there is to know about doing business in China. Since then we’ve listened and explored and invested and created. We’ve developed tools to make you mobile-ready and China-ready — covering all relevant payment methods.

At Ingenico, we believe the time is now. Let’s turn more than a billion people into potential customers. And let’s start today.

Read the Chinese e-commerce and payment methods overview

Retail

Online retailers tend to go for an exclusive deal with either Alipay or WeChat Pay. We connect you to both, so anything is possible, including payments in WeChat mini programs. We offer like-for-like processing, so you can price and accept payment in CNY.

Travel

In travel, WeChat mini programs are a common way to communicate offers and make sales. While other payment providers don’t support mini programs, Ingenico does. Like-for-like pricing and processing in CNY gives local consumers transparency and confidence.

Gaming

We provide in-app flows and support mini programs in WeChat, alongside mobile-optimized payment pages for other methods. They all work seamlessly with in-app flows on mobile, which is exactly how 98% of local consumers interact with merchants.

Do business like a local

Ingenico can help you succeed in a market that is increasingly impossible to ignore. Get in touch and we’ll show you how.

Contact us

Meet The New China: Do Business Like a Local

Find out how to do business like a local by getting to know the e-commerce and payments landscape in China.

Read the overview

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