I am not in HK.
What about alipay? I forgot about that
Does it work well and with low fees to get payments from China?
as I said before Wechat Pay AND ALIPAY in china is Limited in china ONLY, you can't cross border transfer & even local transfers have limitations also. This is how they control funds here in the middle kingdom.
Wechat pay/ ALIPAY HK does not equate to Wechat/ ALIPAY pay china
What i do for a friend is transfer to his HK bank via my HK bank while I receive the rmb here in china, charges may apply & exchange rate may vary.
Last choice would be Western Union BUT the rates are low & the fees are high
Last edited by mengfei; 10-05-2022 at 03:49 PM.
The 'fee' is hidden in the rate.
How about one of those middlemen services like Silkpay? They cater to small businesses and potentially individuals (or at least site faq says that) - no harm emailing them to ask. If eligible, it's free to open account, fee only payable per transfer. Not ideal solution but if their commission isn't too outrageous compared to the cost of your bank transfer or paypal fees, at least this offers your customers the payment method they prefer and they can avoid the forex admin required in order to pay you via bank transfer. Could be helpful in attracting more work from China.
https://www.silkpay.eu/