Appalicability
1. Overseas or HK/Macau/Taiwan brands
2. The main company of the store is based outside mainland China
3. Required qualifications
- Registration documents for the store’s main company
- Identity documents for the authorized representative of the store’s main company
- Overseas bank account information for the store’s main company
- Trademark registration certificate/authorization letter issued by the trademark holder
- Other relevant qualifications depending on the products’ categories
Scenarios
Cross-border online shopping for domestic UP cardholders
Payment Flow
Step 1. The cardholder chooses their favorite products and add to shopping cart.
Step 2. They complete the order information and confirm the order.
Step 3. They pay within the UnionPay app.
Step 4. Payment for the order is successful and they wait for the delivery.
Features
For merchants
1. Large potential customer base (0.3 billion UnionPay app users) with a trustworthy brand image of UnionPay
2. Only a reasonable percentage of the commission fee is charged (subject to categories), no hidden expenses (e.g. annual fee, ad fee etc.)
3. No extra system medication is required for merchants and fast payment collection is provided (T+1 to acquirer)
4. Professional and extensive operational support from platform usage to logistical advice, Haigou helps merchants to get onboard smoothly
For cardholders
1. High-quality authentic products
2. Fast and smooth payment experience through the UnionPay app