Differences between Alipay and PayPal

AliPay is an alternative to credit card. It can be linked to an bank account and it is more than just a way to shop online, it has many usages that include:

  • Transfer money to other bank accounts with payment made within two hours
  • Transfer money to other Alipay accounts
  • Pay credit card bills with no fee levied
  • Pay utility bills with no extra fee levied
  • Top up mobile phone with credit
  • Buy bus tickets
  • Check bank balance
  • Use at online check-out on many websites (for lots of websites it’s the only way to pay)
  • Use to check-out on shopping apps Tmall.com and Taobao.com (these are escrow services)
  • Use to pay for products in-store (although this is not so popular yet)

All of the above are free for transactions within China. The services are secure and trusted by Chinese shoppers.


Popular posts from this blog

How to get Active Transactions and Locks from MySQL

Example of a PAC file