Survey Result from Parents of Chinese Students in New Zealand

A recent survey of Chinese parents in New Zealand shows a 86% preference to pay school fees via Alipay or WeChat Pay.

Here are the top reasons why:

  1. The Chinese banking system sets limits on international transfers Alipay and WeChat Pay do not,
  2. Favourable exchange rates when they use their Alipay or WeChat digital wallet,
  3. Perseived risks associated with money remittance company,
  4. High trust and familiarity with Alipay and WeChat Pay.

PayPlus now offer a variety of solutions making it very easy to offer Chinese parents their prefered payment methods. 

We partner with ANZ bank and Eftpos New Zealand which means you can utilise your existing Verifone EFTPOS terminals to process Alipay and WeChat Pay transactions. We also offer an email Invoicing solution.

These soloutions allow you to charge in New Zealand Dollars, while your Chinese parants pay in Chinese RMB. PayPlus settles the New Zealand Dollar amount into your bank account two business days after the transactions are completed.

If you are interested in offering Alipay and WeChat Pay to your Chinese parents or would like to know more, please book a call meeting with us.

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