Alipay
Founded in 2004, Alipay is a third-party payment platform in China, dedicated to providing simple, safe, fast, and convenient payment solutions for enterprises and individuals.
The AlipayCN wallet is a popular digital wallet in China, which merchants from all over the world can add to connect with customers globally.
When paying with the AlipayCN wallet, users are redirected to the mobile app or the website. They can make a payment through authorization, scanning QR code, or entering the payment information.
Properties
The following table lists the product properties supported by AlipayCN:
Payment type | Alipay+ payment method | |
Acquirer | Alipay SG/Alipay EU/Alipay US/Alipay UK | Alipay CN |
Acquiring region | SG/AU/HK/US/EU/UK | CN |
Buyer country/region | CN | CN |
Payment flow | Redirect | Redirect |
Funds deduction | Real-time | Real-time |
Processing currency | CNY | CNY |
Minimum payment amount | 0.1 CNY | 0.1 CNY |
Maximum payment amount | N/A | N/A |
Refund period | 365 days | 18 months |
Auto Debit | ✔️ | ✔️ |
Refund | ✔️ | ✔️ |
Partial refund | ✔️ | ✔️ |
Chargeback | ❌ | ❌ |
User experience
The following graphic shows the AlipayCN authorization journey for an app terminal:
Figure 1. Authorization process