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Why does Vipshop only support WeChat or bank card payment?

Vipshop does not only support WeChat or bank card payment.

Vipshop payment methods include: quick payment, credit card installment payment, online banking payment, Vipshop card, change payment, cash on delivery, and WeChat. Users can choose the payment method they need. !

Quick payment is a quick payment method for debit cards/credit cards jointly provided by Vipshop and various banks. It can be activated in 2 steps and payment can be completed in 10 seconds. When using Quick Payment for the first time, you need to enter your identity information to verify the payment. For the next payment, you only need to enter the SMS verification code to pay.

Payment information has passed the certification and testing of the People's Bank of China and non-financial institutions, PCI system security and UnionPay ADSS certification. It uses SSL 128-bit and HTTPS encryption for secure transmission. It is underwritten by Pacific Insurance and verified by real-time SMS. Keep your funds safe.

Credit Card Installment Payment

Credit Card Installment Payment is the installment payment channel provided by Vipshop for you to pay by credit card when you purchase at the website sale. Currently, the payment method is China Merchants Credit Card. Way.

Vipshop Card

Vipshop Card is an exclusive shopping card launched by Vipshop to give back to its members. It can be used when purchasing goods on the Vipshop platform (OXO products, prepaid Special products, Vipshop International products, brand direct-shipment products, virtual products, collectibles, gold, mobile phones, gas cards, and tablet products are excluded). Vipshop cards can be used to deduct both the amount of goods and the shipping costs of orders.

Change payment

In order to make shopping safer and smoother for our members, Vipshop has launched a new type of electronic account - change. As long as you register a Vipshop account, you can immediately have an exclusive "change" account. Change can be used to implement functions such as payment, refund, balance inquiry, cash withdrawal, and Vipshop repayment.

Cash on delivery

1. Support channel: Self-operated orders for special sales.

2. Supported regions gt;gt; Click here to check whether your region supports POS card swiping.

3. If the order amount payable is less than 11 yuan (not including 11 yuan) or the order amount payable reaches 1,500 yuan (including 1,500 yuan), the cash on delivery (POS machine card swiping) service will not be available.

4. Because Vipshop’s cooperative logistics companies have adjusted the scope of cash on delivery (card swiping at POS machines), some areas cannot continue to provide you with cash on delivery (card swiping at POS machines). It is recommended to choose other payments. We apologize for any inconvenience caused.

Introduction to Vipshop

Vipshop Information Technology Co., Ltd. (VIPS) was established in August 2008 and is headquartered in Guangzhou, Guangdong Province, China. Its website was launched in December of the same year Launched on the 8th.

The main business of Vipshop is the online sales of brand discount products, covering major categories such as designer clothing, shoes and bags, beauty, maternal and infant, and home furnishings.

On March 23, 2012, Vipshop was listed on the New York Stock Exchange (NYSE). Since its listing, as of June 30, 2021, Vipshop has achieved profitability for 35 consecutive quarters.

For the whole year of 2020, Vipshop achieved net revenue of 101.9 billion yuan, a year-on-year increase of 9.5. Vipshop's net revenue in Q2 2021 was 29.6 billion yuan, and the number of active users was 51.1 million, a year-on-year increase of 32.

Vipshop has created an innovative e-commerce model in China of "name brand discounts, limited time sales, and guaranteed authenticity" and has continued to deepen it into an authentic sales model of "selected brands, deep discounts, and limited time sales".

This model is vividly known as "online outlets". In July 2019, Vipshop acquired Shanshan Outlets and began to deeply integrate online and offline sales to create an omni-channel sales system. In the 2018 Fortune 50 list, Vipshop ranked fifth overall; among the 21 Chinese companies on the list, Vipshop ranked third.

Vipshop has been listed on the "Top 100 Most Valuable Chinese Brands in 2019" released by BrandZ? for three consecutive years, and won the "Best of the Top 100 Most Valuable Chinese Brands" by BrandZ? in 2017. "New Chinese Brand" title.

Deloitte's "Global Retail Power 2019" report shows that from fiscal year 2012 to 2017, Vipshop's compound growth rate was 73.8, ranking second among the "Top Ten Fastest-Growing Retailers in the World".