Alipay
Alipay, or Zhifubao in Chinese, is a third-party mobile and online payment platform. It provides the following functions:
- Cross-border online payments
- Paying for daily expenses
- Transferring money
Payment flow
- To make a payment, the customer scans the QR code or logs into their Alipay account.
- The customer completes the payment with Alipay mobile application.
Alipay
| name | description |
|---|---|
| Countries | Globally except sanctioned countries and entities |
| Type | E-Wallets |
| Processing currencies | USD, CNY |
| Supported currencies | Refer to currency codes |
| Payment confirmation time | Instant |
| Payout time frame | NET 30 |
| Chargebacks | No |
| Refunds | Yes |
| Partial refund | Yes |
| Onboarding required | Yes |
| Recurring Payments | No |
| Mobile UI | Yes, Native UI available with Mobile SDK |
| Opens new window | Yes |
| Min Transaction Limit | 0.30 EUR |
Available models:
- Merchant.
Included with your Terminal3 Payments account.
- MOR.