AliPay

Shop without having to transmit sensitive credit card numbers


Alipay was launched in China in 2004 by Alibaba Group and its founder Jack Ma. It is China's leading third-party online payment solution, providing an easy, safe and secure way for millions of individuals and businesses to make and receive payments on the Internet. Alipay provides an escrow payment service that reduces transaction risk for online consumers; shoppers have the ability to verify whether they are happy with goods they have purchased before releasing funds to the seller

Alipay lets customers pay for online purchases with eWallet, credit cards, debit cards and bank transfers. Since its launch, AliPay has quickly become a domestic leader in online payment solutions in China. Currently, Alipay has over 850 million registered users.

How AliPay Works




Product Description


E-Wallet

Product Process


The customer chooses a product and selects Alipay as their payment method. Alipay, instead of transferring the money directly to the merchant’s Alipay account, keeps the money as escrow and informs the merchant that the consumer has made the payment. At this specific point in time, neither the merchant nor the consumer is responsible for the escrowed amount. The merchant delivers its product to the consumer. The consumer receives the product and confirms this in their Alipay account. Alipay receives the consumer’s confirmation and sends the money to the merchant.

Product Sheet


Download

Countries Supported


China

Merchant advantages


Enter markets with low credit card coverage
Lower risk of returns
Payment option familiar to the consumer
Trusted buying process
Increase sales
Accept more than just credit cards

Consumer advantages


Trusted payment method
No credit or debit card needed
Convenient, reliable, simple and secure
Access to more products and services
Language and currency localization
Simplified shopping experience

Set up your Alternative Payments account and sell online!

There are a lot more payments options customers from all over the world
feel more comfortable to use and trust much more than credit cards.

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