What is an Alipay account?
An Alipay account is a digital wallet that allows users to make online payments, transfer money, and receive funds using their mobile device or computer. With over 1 billion active users worldwide, Alipay is one of the most popular mobile payment systems in the world, operated by the Chinese technology company Alibaba Group.
Understanding Alipay
Alipay users can pay on the web or on a mobile device using login credentials or their Alipay app, with a low dispute rate and reduced fraud due to authentication using the customer’s login credentials.
Frequently Asked Questions
How do I get an Alipay account?
To get an Alipay account, download the Alipay app from your app store, sign up by clicking on “Not signed in? Sign up”, and follow the prompts to register with your phone number, email, and password.
How to Open an Alipay Account
To open an Alipay account, download Alipay from your app store, type Zhifubao – the Chinese name of Alipay – to find the app, and sign up by clicking on “Not signed in? Sign up”.
Can US users use Alipay?
Yes, US users can use Alipay in the US at certain merchants that accept it, particularly those that cater to Chinese tourists or have a large Chinese customer base.
How does Alipay work in the USA?
Using Alipay in the USA is easy; simply download the app, register with your bank account, and scan the QR code or enter your pin to complete a transaction.
Is Alipay the same as PayPal?
Alipay is China’s equivalent to PayPal, providing users with e-wallet services and allowing them to make mobile payments.
Is Alipay like Venmo?
If you’ve ever used apps like Venmo or PayPal, you’ll have seen a similar digital wallet technology; Alipay is one of many Chinese payment apps quickly dominating a large portion of the Chinese market.
How do I set up Alipay in the USA?
To set up Alipay in the USA, download Alipay, enter your phone number, select the international version, choose Tour Pass, load funds into the app, enter your passport information, and enter your bank card information.
What bank cards are supported by Alipay?
Alipay takes Visa, Mastercard, Diners Club, and Discover cards, assessing the same 3% fee.
Does Walmart accept Alipay?
No, Walmart does not accept Alipay; instead, it has partnered with WeChat Pay to improve customers’ experiences when shopping in their stores.
Why do people use Alipay?
AliPay is one of the most popular mobile payment systems in the world, with over 1 billion active users and over 200 million daily transactions, making it a convenient and widely accepted payment method.
How do I put money on Alipay?
You can top up your Alipay account with cash at participating stores, such as 7-11, Circle-K, and Watsons, or by transferring funds from your bank account.
What currency is Alipay supported by?
Alipay supports several currencies, including CNY, GBP, EUR, USD, AUD, CAD, HKD, SGD, and JPY.
Do you need WiFi for Alipay?
No, you don’t need WiFi to use Alipay; the barcode/QR code can be auto-refreshed every minute without requiring an internet connection.
Does Alipay require ID?
Yes, Alipay requires ID verification; from September 2021, users who do not complete the required ID scanning and live selfie verification will have their accounts downgraded to unverified status.
How much does Alipay cost?
Alipay charges fees based on whether it is a domestic payment or an international transaction, with a generally low fee of 0.25% maximum for domestic transactions.
Can I link my bank account to Alipay?
Yes, you can link your bank account to Alipay, allowing you to transfer funds and make online payments easily.
Can I receive money on Alipay?
Yes, anyone can receive money via Alipay if they’re a Chinese citizen, or are Hong Kong or Macau residents who hold the Mainland Travel Permit and are above 18 years old.
Can you transfer money from Alipay to bank?
Yes, you can transfer money from Alipay to your bank account; if the recipient has set up a default bank account via Alipay, the Cross-border Lucky Money can be transferred to the account within 15 minutes.