Alipay is not insured by FDIC which insurances financial corporation. If the company goes bankrupt, you will lose the money in your Alipay account. This is the only reservation I have while using Alipay. How to use Alipay to send money? There are several steps to follow to send money usin...
How to withdraw money from Alipay in the US to a bank? If you are a registered merchant at Global Alipay, you may, at any time, request a withdrawal of all or a portion of the funds held in your Alipay Merchant Account to your account at a U.S. depository institution, under the te...
Step 1: After installing Alipay, tap the App and you can see the welcome page. If the language appearing is not the one you are familiar with, please tap “语言” on the top right corner to change the language that you prefer. Right now, Alipay is only available in 3 languages: Simpl...
Failure to follow these laws puts your Chinese friend at risk: As you’ll learn below, as a foreigner you’ll need to get help from a local Chinese friend to use Alipay as a means to get money out of China. Take this seriously; if anything goes wrong, they get in trouble, not you...
Since these exchanges are banned in China, enterprising individuals have developed a number of workarounds, including a peer-to-peer exchange (usually over a platform like WeChat). These are risky for Chinese investors and even more so for foreigners, soI wouldn’t recommend you use this metho...
Do you know Wise can help expat in China to send money out of China now? Alipay is a great way to send and receive money within China. Nevertheless, Wise's service is very useful if you wish to transfer money outside of China -- as Alipay does not allow use for this purpose. You...
You must create an Alipay payment password (6 numeric digits) if you use Alipay for the first time. Once you’re done, click Confirm. You will need to enter your credit card details and click Continue. Now, all you have to do is verify your payment information and wait to deliver your...
If you’re thinking about accessing the internet in China be prepared for a few hiccups. Whether it’s to let loved ones know what you’re up to or street directions, accessing the internet in China is not always straightforward like it is in the USA, UK or Australia. ...
For in-person payments Maestro USA Yes - US Yes None DIGITAL WALLETS AliPay No Yes None AliPay HK Yes - HK entity required Yes None ApplePay ** Payment method not needed for IPP No Yes You will be prompted to select how you are integrating ApplePay. ...
What is clear to us is that all these ups and downs are due to a clear strategy on the part of AliExpress: to gradually leave PayPal in the background in order to promote Alipay. We recommend that you always use the payment method that suits you best, as both are completely safe. If...