Alipay
Over $17 trillion is processed via Alipay in mainland china per year.
80 million merchants accept payments via Alipay.
Ali Pay processes 17.5 million transactions per day.
What Is Alipay?
Alipay is a global leader in cross-border transactions. Facilitating e-wallet transactions online and in-store to a large consumer audience in mainland China and abroad. Available in Chinese and English, Alipay processes millions of transactions per day worldwide.
View More In Our Developer Documentation
| Payment Type | Commerce Channel | Chargebacks | Recurring | Refunds |
|---|---|---|---|---|
Payment TypeDigital Wallet |
Commerce ChannelE-commerce and in-store |
ChargebacksNot in the instance of fraud |
RecurringNo |
Refunds
|
How Does It Work?
1
Step 1
The customer chooses to pay with Alipay at their online checkout.
2
Step 2
The customer authenticates their purchase with a unique passcode or pin.
3
Step 3
The payment is confirmed.
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Frequently Asked Questions
To get a merchant account, all you need to do is send us an application. You’ll be partnered with one of our banking partners in order to provide you with the best merchant account options that are cost-effective and suit your business best.
A merchant account is a business bank account. It’s used to receive payments from debit and credit cards for your products or services. Payments are held in your merchant account until they are settled into your bank account.
The cost of your merchant account will depend on various factors such as the type of industry and/or the level of risk involved in your business. For example, a high-risk merchant account would cost more than a low-risk merchant account.