Credit Card Processing

Credit Card Processing

Visa, Mastercard and more — online and in person. HantePay — customers pay in RMB, you get paid in USD.

Cards are how America pays. In person that means EMV chip, contactless, Apple Pay and Google Pay; online it means saved cards in your app, mini-program or website.

What US Credit Cards does for a US merchant

Your local base — you are not only serving Chinese customers

A Chinese-owned business does not have only Chinese customers. Cards are the default for everyone else, and not taking them hands the walk-in across the street to someone else.

One device for everything

The real cost is rarely the rate — it is two terminals, two reconciliations and two support numbers. The terminal takes cards alongside WeChat Pay, Alipay and UnionPay, so month-end is one close.

T+1 settlement

Card payments settle the next business day, faster than cross-border, which matters when you restock weekly.

Rates fall as you grow

Standard tier above $20K a year, custom tier above $250K at interchange +0.3% +8¢. The bigger you get, the less each sale costs.

How you get paid

In person

  1. Customer dips, taps or uses Apple Pay
  2. The terminal reads and requests authorisation
  3. Signature or no-signature completion
  4. Settles T+1

Online

  1. Customer saves a card in your site or app
  2. Enters number and security code
  3. 3DS challenge where required
  4. Order completes and reconciles

Businesses that benefit most

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