Alipay

Experience fast, easy and safe online payments

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Alipay is China’s leading online payment solution, providing an easy, safe and secure way for millions of merchants to receive payments on the Internet.

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.

Alipay off ers a high level of security with no risk of fraud or default, real-time notification of payment authorization and possibility of immediate shipping of goods.

Features

  • Payment method type: eWallet
  • Solution type: Gateway (Domestic), Full ServicePremium (Cross-border) 
  • Presentment currency: ¥ 
  • Settlement currency: ¥ (Domestic), $/€ (Cross-border) 
  • Supported Integration: Payment Page, Web Service API
  • Recurring Payments: No
  • Chargebacks: No
  • Refunds: Yes
  • Payment Confirmation: Instant

How it works

  • Customer selects Alipay at the check-out page, enters login details or selects ‘‘Scan QR Code’’ for mobile app.
  • If login details are entered, customer will get the available payment options in the eWallet.
  • If the ‘‘Scan QR Code’’ option is chosen, the page will display a QR code to be scanned by the mobile app.
  • Payment is authorized and customer gets a confirmation that the payment is complete.

Merchant Advantages

  • Offers a local, trusted payment solution that helps increase sales
  • Customers are fully identified with their real name, email, mobile number and delivery address
  • Provides merchants with access to a market segment with limited credit card usage
  • Excellent alternative payment solution for declined card transactions and blocked customers

Customer Advantages

  • Provides a trusted and familiar local payment method
  • Convenient, reliable, and simple transaction process
  • Offers access to more products and services
  • No credit or debit card needed