What is Alipay & how does it work?

What is Alipay, and how does it work? Alipay is a mobile payment app used by Chinese nationals to make cashless payments. Just as apps like Venmo and PayPal are popular in the US, Alipay enjoys a similar level of popularity in China. You can download the eWallet service on your mobile and use it to make online payments and transfers.

How do I pay for goods in-store with Alipay?

With Alipay you can pay for goods in-store using your mobile. Payment is simple, and there are two methods: The merchant-presented mode involves scanning the merchant’s QR code on your phone. You can then enter the payment amount to complete the payment. You will often find the merchant QR code next to the tills, or on restaurant tables.

Where do Alipay members come from?

Alipay members come from over 110 countries, including the United States, Spain, Israel, Singapore, and Brazil. As of the first quarter of 2022, Alibaba has over 1.3 billion active customers. Alipay customers can send and receive money through the app, which functions as a digital wallet stored on their mobile devices.

How many customers does Alipay have in 2022?

As of the first quarter of 2022, Alibaba has over 1.3 billion active customers. Alipay customers can send and receive money through the app, which functions as a digital wallet stored on their mobile devices. As a “super-app” Alipay has plenty of additional features, including: