Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

AlipayHK

Founded in 2017, AlipayHK is the first wallet in Hong Kong to provide traffic QR code payment. It supports scanning the QR code in Hong Kong subways, buses, and minibuses. It can also be used in a variety of local life scenarios, including receiving government coupons, shopping, catering, utility payments, and transfers.

Alipay (Hong Kong) is the most popular wallet in the Hong Kong market. It provides convenient payment both online and offline. The online merchants that support payment via AlipayHK include Taobao, Uniqlo, App Store, and Google Play. The offline stores supported include 711, McDonald's, and Watsons.

Properties

The following table lists the product properties supported by AlipayHK:

Payment type

Alipay+ payment method

Acquirer

AlipaySG, AlipayUS, AlipayEU, AlipayUK

Acquiring region

SG, AU, HK,

US, EU, UK

Payment flow

Redirect

Auto Debit

✔️

Buyer country/region

Hongkong, China

Refund

✔️

Funds deduction

Real-time

Partial refund

✔️

Processing currency

HKD

Chargeback/Dispute

Minimum payment amount

0.01 HKD per transaction

Maximum payment amount

50,000 HKD per transaction;

200,000 HDK per year

User experience

The following graphic shows the AlipayHK app authorization process:

alipayhk.png

Figure 1. Authorization process