Is Alipay The Same As PayPal?

What is Alipay and how does it work?

How does Alipay work.

The Alipay e-wallet app allows users to save their debit or credit card details to the app and then use their mobile phone to make payments, instead of cash or a bank card..

Is Alipay safe?

In general, Alipay is safe if you protect your personal info carefully. Please follow below instructions when you use Alipay. Keep your payment password and login password only to yourself. Remember not to tell them to anyone.

Can I use Alipay without a Chinese bank account?

Without a Chinese bank account and a local mobile phone line, foreigners have found it difficult – if not impossible – to find any smartphone app to pay for online purchases in China. That hurdle will now be removed under a pioneering effort by Alipay.

Can you transfer money from PayPal to Alipay?

At present, Paypal and Alipay can not be directly linked, and can not transfer the funds. Paypal is a U.S. based third party payments company, payments were mainly made in dollars; Alipay, a Chinese third-party payment company owned by Alibaba Group, was mainly settled in RMB.

Can you transfer from PayPal to TransferWise?

Within your PayPal account, click on ‘Money’ and then on ‘Transfer Money’. If prompted, choose the ‘Standard’ transfer option. Click the ‘Link a Bank Account Option’. … You will now be able to send the amount you wish to from PayPal to TransferWise fee-free.

How do I transfer money to my Alipay account?

How do I send money to an Alipay account?Select China as the country you want to send to in the dropdown list.Select Alipay when it asks you how you want to send.Enter the amount you want to send – our low fees and exchange rate will be clearly shown.

Does Alipay accept PayPal?

Alibaba Group, the biggest e-commerce company in China, is accepting payments made using PayPal on one of its e-commerce sites, even though the company runs its own competing payment platform called AliPay. … Payments can be made using PayPal, Visa, MasterCard or bank transfer.

Can Alipay transfer money to bank account?

Starting from October 12, Alipay’s individual users will need to pay a fee of 0.1 per cent on digital transfers to bank accounts where the accumulated sum exceeds 20,000 yuan (HK$23,200), the company said in a statement on Monday. The minimum fee per transfer will be set at 0.1 yuan, it said.

How do I get my money back from Alipay?

Please follow these steps to refund an Alipay transaction:Select transaction -> transaction overview in your MultiSafepay Control.Find the transaction through search.Open transaction.Select refund.Fill in the amount that you want to refund to the customer.Confirm the refund.

Which countries use Alipay?

Alipay launched it’s local payment services in 9 countries and regions through its payment partners: India, Thailand, Philippines, Indonesia, Pakistan, Bangladesh, Korea, Hong Kong (China), and Malaysia.

Can I use PayPal to buy from AliExpress?

You cannot officially used PayPal when buying or selling products from AliExpress. The only way to use PayPal on AliExpress is if you contact the seller directly, request a receipt outside AliExpress, and pay through your PayPal account. There aren’t many sellers who will be willing to receive payment through PayPal.

Is Alipay free?

Almost all services are free. You can use Alipay for most offline payments, including restaurants, supermarkets, taxis, hotels, etc. The potential of Alipay will exceed your expectations: when you use the app, you will have a better payment experience.