More Payment Methods

Alipay

E-wallet

As the most popular online wallet in China, Alipay holds over 53% of mainland Chinese wallet market share and counts over 1.2 billion active consumers as of June 2022 (South China Morning Post). Mainland Chinese consumers increasingly buy from global brands, especially in the luxury, retail and international travel segments. A must for brands who want to attract mainland Chinese consumers, Alipay’s frictionless user experience unlocks a high conversion rate at checkout.

Alipay

Features

  • Coverage Area
    Customer
    China
    Merchant
    Global
  • Channel
    Online
  • Currency
    Consumer Currency
    CNY
    Processing Currency
    AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD, USD
    Settlement Currency
    AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
  • Transaction
    Minimum Limit
    CNY 0.1
    Maximum Limit
    CNY 50,000 card balance / 300,000 wallet balance / 300,000 per day
    Payment Timeout
    4 hours
  • Feature
    Scheduled Payment
    no
    One-click Payment
    no
    Refunds
    yes
    Partial Refunds
    yes
    Multiple Partial Refunds
    yes
    Payment Guarantee
    yes
    Refund Risk
    no

Why ChooseAlipay？

  • Wallets are the most popular payment method in China, with a 65% market share (PPRO Almanac).

    Wallets are the most popular payment method in China, with a 65% market share (PPRO Almanac).

  • According to Ant Group, AliPay is the most popular online payment method in China with more than 1 billion users making purchases from over 80 million merchants.

    According to Ant Group, AliPay is the most popular online payment method in China with more than 1 billion users making purchases from over 80 million merchants.

  • he average Chinese e-commerce shopper spends US$1,754 a year with online merchants (PPRO Almanac).

    he average Chinese e-commerce shopper spends US$1,754 a year with online merchants (PPRO Almanac).

How It Works?

  • At online (web/mobile) checkout, the consumer chooses Alipay as the preferred payment method
    Merchant

    01

    At online (web/mobile) checkout, the consumer chooses Alipay as the preferred payment method

  • Alipay presents a login (web) or a QR Code for the consumer to scan (mobile)
    Payment Methods

    02

    Alipay presents a login (web) or a QR Code for the consumer to scan (mobile)

  • The consumer authenticates payment with a payment password (web) or in the Alipay app (mobile)
    Payment Methods

    03

    The consumer authenticates payment with a payment password (web) or in the Alipay app (mobile)

  • The payment result displays on the merchant site (web) or in the Alipay app (mobile)
    Payment Methods

    04

    The payment result displays on the merchant site (web) or in the Alipay app (mobile)

Terms of ServicePrivacy PolicyData Protection PolicyCookies Policy
© Copyright FuturePay. All Rights Reserved.