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 Alipay 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 Alipay 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 Alipay:
Payment method | Alipay+ payment method | |
Acquirer | AlipaySG, AlipayEU, AlipayUS, AlipayUK | AlipayCN |
Acquiring region | SG, AU, HK, US, EU, UK | CN |
Buyer country/region | China | China |
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 | Unlimited | Unlimited |
Refund period | 365 days | 18 months |
Checkout Payment | ✔️ | ✔️ |
Auto Debit | ✔️ | ❌ |
Refund | ✔️ | ✔️ |
Partial refund | ✔️ | ✔️ |
Chargeback/Dispute | ❌ | ❌ |
User experience
The following screenshots show the Alipay payment journey for an app:
Figure 1. Payment process with Alipay (App)
The following screenshots show the Alipay payment journey for a WEB/WAP page:
Figure 2. Payment process with Alipay (WEB/WAP)