Yuansfer Wallet Payments

Description

Introduction

Yuansfer is an alternative payment platform that unleashes true cross-border growth potential for businesses of all sizes. Equip your online store with a modern payment technology that enables you to support all major global wallets with one simple integration, including PayPal, Alipay, WeChat Pay, Union Pay and Venmo. Click here to learn more about the wallet types, currencies, and transaction types.

Background

With a market of consumers surpassing a billion and Alipay and WeChat Pay the preferred way for consumers to make transactions. Allowing your consumers to pay through these apps could allow for a unprecedent growth opportunity for your company. Accepting Alipay, WeChat Pay and Union Pay would grant access to your company to approximately 900 million Chinese online shoppers and more than five million annual visiting tourists as well as two million US residents.

Benefits

• 2 business funding in USD to any US bank account.
• Full & partial refunds.
• Pre-authorization or Pre-auth available for hotel, travel, and car rental merchants.
• Most transparent pricing at 2.3% per transaction, with No surcharges, No hidden fees, No monthly fees, and No commitment. (Custom rates available for merchants with large payment volume)
• Currently only available in the US.

Features

• Swift Transactions using Alipay/WeChat Pay/ China Union Pay
• Improved engagement with Chinese shoppers
• Increased security measures to protect both you and your customers
• Technologies to help reduce your cart abandonment rate to increase sales.
• Review statistics to make informed decisions about what works and what doesn’t

Process Flows

  1. The customer places an order on your website and chooses to pay with Alipay, WeChat Pay or China Union Pay.
  2. The customer is redirected to the Alipay or WeChat Pay website/App to log in and is prompted to confirm payment within the e-wallet.
  3. The payment status is communicated to you in real-time.
  4. We remit the collected payments to you in 2 business days.

About Yuansfer

As the world becomes increasingly interconnected and cross border purchases are growing exponentially- both in stores and online; businesses are now faced with the challenge of trying to meet the consumers’ demand for seamless payments.
Yuansfer seeks to empower merchants with reliable global payment technology and help them expand to international markets. We are a global company ourselves with offices in New York City, Los Angeles and China. And we take pride in growing business from local to global, while bridging the gap between US brands and Chinese consumers with our proven payment solutions.

Installation

Please note, this plugin requires WooCommerce 2.6 and above.

Configuration

Before running Yuansfer payments in the Production environment, it is recommended to run on Sandbox environment first. Click here to apply for your Sandbox credentials.

Automatic installation

Automatic installation is the easiest option as WordPress handles the file transfers itself and you don’t need to leave your web browser. To
do an automatic install of, log in to your WordPress dashboard, navigate to the Plugins menu and click Add New.

In the search field type “Yuansfer Payment for WooCommerce” and click Search Plugins. Once you’ve found our plugin you can view details about it such as the point release, rating and description. Most importantly of course, you can install it by simply clicking “Install Now”.

Manual installation

The manual installation method involves downloading our plugin and uploading it to your web server via your favorite FTP application. The WordPress codex contains instructions on how to do this here.

Updating

Automatic updates should work like a charm; as always though, ensure you backup your site just in case.

FAQ

How long is the on-boarding time with Yuansfer?

Normally it takes 1-2 business days.

What is the cost of using Yuansfer gateway for Alipay, WeChat Pay and China Union Pay?

2.3% per transaction, with No surcharges, No hidden fees, No monthly fees, and No commitment. (Custom rates available for merchants with large payment volume)

Does Yuansfer support currencies other than USD?

No, we currently only support USD funding to US bank accounts.

What is your contact?

www.yuansfer.com
support@Yuansfer.com
(855) 982-6888

Reviews

There are no reviews for this plugin.

Contributors & Developers

“Yuansfer Wallet Payments” is open source software. The following people have contributed to this plugin.

Contributors

Changelog

3.0.5 – 2021-07/29

  • Change credit card logo

3.0.4 – 2021-04-19

  • Added support for WordPress v5.7
  • Fix bug on Braintree failure payment

3.0.3 – 2021-01-02

  • Fix refund for v3 API

3.0.2 – 2020-12-20

  • Fix creditcard currency check error
  • Remove the code for woocommerce < 3.0 compatibility

3.0.1 – 2020-12-19

  • Fix alipay currency check error

3.0.0 – 2020-11-07

  • Update to v3 API
  • Add payment method: paypal, venmo

2.0.1 – 2020-11-06

  • Fix WeChat Pay terminal settings

2.0.0 – 2020-11-06

  • Change version for consistency
  • Add mobile detect

1.2.3 – 2020-10-22

  • Remove useless parameters for refund

1.2.2 – 2020-08-02

  • Add CNY support

1.2.1 – 2020-07-20

  • Fix retry error of update customer
  • Skip customerNo when disable create account of credit card

1.2.0 – 2020-07-19

  • Update to new version of Yuansfer API
  • Add create customer for credit card
  • WC require up to 3.0

1.1.0 – 2020-07-14

  • Add payment method: credit card
  • Add support for new API parameter: rmbAmount
  • Fix status error after order creation

1.0.0 – 2019-05-30

First Release