Banking Facilities & Payment Options Management

Getting your business started on setting up all payment options and bank accounts required for your company to progress further.

1. ALIPAY PAYMENT SYSTEM

Alipay is a third-party payment gateway introduced by the Alibaba Group which is one of the most actively used payment gateways in China. It is a highly versatile application where an individual can link their bank accounts and make transactions including payments, loans, and bank transfers. Alipay is renowned for its security traits such as fingerprint scanning and facial recognition and is therefore also a popular payment system for serving Chinese citizens traveling abroad. 
Beez24 has got you covered in opening and setting up your very own Alipay account to connect your finances to the push of a button with these simple steps:
  • Ensuring your company is legally registered in China and has a business license and a valid tax registration certificate.
  • Guiding you through filling out and uploading the registration form with the needed company information such as tax registration certificate, organization code certificate, and identity documents of the company's legal representative.
  • Getting your company started on making transactions with account approval

2. WeChat PAY Payment System

A sub-section of the WeChat account, WeChat Pay is a payment gateway integrated into the application designed for efficient online payments through smartphones. WeChat Pay includes Quick Pay, QR Code Payment, In-App Web-based Payment, In-App Payment, and Mini Program Payment designed specifically to ease interactions between your business and your consumers. 
Alongside setting up your WeChat account, Beez24 is here to help you set up your WeChat Pay by:
  • Guiding you through account registration 
  • Adding and verifying your bank card 
  • Setting up you payment password and getting your company started on making transactions with account approval

3. Union Pay Payment System

Union Pay is the only interbank present in China and is also one of the largest payment gateways offered in China which incorporates the use of debit and credit cards alongside mobile and online payment options.
Given its diversity and acceptance as a global payment method, adding Union Pay as a payment option with the help of Beez24 will give room for faster, more convenient payment options for your customers in China with these few steps:
  • Choosing which UnionPay-offering bank works best for your company.
  • Opening your bank account and applying for a UnionPay card.
  • Activating and guiding you in using your UnionPay card upon receiving it

4. Bank Account Opening for Company

Alongside enabling payment gateways for your customers, Beez24 also facilitates opening a bank account for your company’s needs in the Chinese mainland with this procedures:
  • Choosing which bank works suits your company.
  • Providing all supporting documents such as a valid passport or identification document and proof of address in China
  • Filling out the application form and giving all necessary documents.
  • Guiding through activating your account and setting up online/mobile banking methods

5. Personal Bank Account Opening

Familiarizing with the process of finances in China is a bit challenging from the get-go. However, Beez24 has got you covered in financial aspects as well. 
Beez24 is here to get you started on setting up your personal bank account whilst guiding you through managing and maintaining your cash flows by: 
  • Choosing which bank works best for your personal requirements
  • Gathering all required documents (passport, residence permit, and proof of address)
  • Visiting/making appointments to the bank and filling out the application form with the required details for approval

6. Offshore Bank Account Opening

An offshore bank account is essentially a bank account opened overseas from its holder’s current residence. It is a beneficial factor to one’s company due to its strong privacy protection and ease of use when connecting with international trades.  
Getting you started on making your offshore bank account with Beez24 takes these simple steps:
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