Unlock China with Effortless Payments
One stop to integrate Alipay, WeChat Pay, UnionPay and local bank transfer
Provide a better payment experience for Chinese students
Get Alipay, the 1.3 billion users’ e-wallet
Get Alipay, the most used e-wallet in China, and allow your students to easily pay online. Alipay is the one of the best payment methods to bring marketing opportunities and a large customer base to you.
Reach 1.3 billion customers through WeChat Pay
WeChat Pay is Tencent Group’s leading third-party payment platform in China, with 1.3 billion monthly active users and 800 million monthly paying active users. By enabling WeChat Pay, your students can securely and quickly make payments using the familiar WeChat Pay service.
Get local bank transfer in China to support large-amount payments
Chinese local bank transfer is a secure payment method provided to students and parents, allowing them to transfer money through the bank channel. When receiving payments through bank transfers, WooshPay will provide students and parents with a virtual local bank account in China. They can transfer money to this account through mobile banking apps, online banking, or offline bank branches. This bank account is opened by a licensed institution in cooperation with the People’s Bank of China and is regulated for cross-border payment purposes, ensuring the security and compliance of funds.
Support large amounts of tuition and accommodation fees
For local bank transfers in China, the single transfer limit can be as high as 1 million yuan, which is approximately equivalent to US$100,600.
Does not count towards the $50,000 USD quota for Chinese students
WooshPay conducts a review of study-abroad documents and ensures compliance in the reporting process. Students and parents are not required to visit the bank for foreign exchange conversions, and this payment method does not utilize the foreign exchange quota of either students or parents.
Chinese customer support
7×16 hours (8:00 am – midnight) Chinese language customer support
Solve Chinese students’ payment issues one-on-one in a timely manner
Reduce the workload of institutions communicating with Chinese students about payment issues
Easily track and Trace Payments
At every stage of the payment journey, WooshPay notifies both students and institutions via email, clearly showing the payment status. This reduces the time spent by students and institutions on payment inquiries.
Easy refund management
Institutions can easily initiate refunds in the WooshPay Dashboard. WooshPay will send the funds back to the student’s original account, and institutions can track the progress of refunds in the Dashboard.
Institutions can use the WooshPay Dashboard to manage refunds easily
No need to go to bank in person
No need to worry about compliance documents required for refunds
Track refunds progress easily in the Dashboard
Other products and services
Attract more Chinese customers with a WeChat Mini Program
Increase sales and improve service with WooshPay WeChat Mini Program.
Pay out to Chinese partners
If you have partners or agents in China and need to pay fees, like commissions or service fees to them, we can help to save time and costs.
Save time and costs
Pay-in and Payout are completed on one platform, reducing the steps of fund transfer to save costs and time.
Compliance
Better experience for Chinese agents, WooshPay can handle all compliance documentation report when paying commission to China.
Weibo Marketing Solution
Boost your brand awareness and attract more Chinese students by hosting marketing campaigns on Weibo, one of the largest social media platforms in China.
WooshPay is a strategic partner of Weibo for study abroad payment
WooshPay has close connections with influeners in the education field, allowing for targeted marketing content to be delivered to the Chinese student community.
*Weibo is one of the largest social networking platforms in China, often referred to as “China’s Twitter,” with approximately 593 million monthly active users.
