Alipay

Alipay is an online digital wallet that is predominately used by Chinese citizens to make payments without cash. You could say it has the same level of popularity in China that Venmo and Paypal have in the US. There was a time Alipay was operational in the US, however, it got banned in early 2022.

This top digital wallet can be used by downloading the eWallet service onto the mobile, and it can be used to make online transfers and payments. Alipay is an online digital wallet that allows its users to store debit or credit card details so they can make in-store or online buys from their phones.

Alipay’s transaction process is very similar to Apple Pay, and its payment method is mobile-wallet based. The app had initially started with traditional Chinese communication and later on, they added English for non-Chinese users. This way it is accessible for English speakers visiting China.

Unfortunately, English speakers’ visitors will have to open a Chinese bank account after 90 days to operate the app. This is one of the free digital wallet apps.

Key Features

• The user has to do is enter their pin code to make an online transaction. This feature is time-saving from filling in receptive personal information and card details every time a payment is made.
• To use the app, all the user has to do is create an account and add in their card details. Alipay is free to use.
• If the merchant accepts Alipay for online payments, the user simply has to select Alipay as their preferred payment method when checking out.
• This online digital wallet allows its users to pay in-store using their mobile.
• Alipay is a secure app, in which the merchant receives the encrypted version of their financial details.
• There are two payment options for in-store purchasing, which are the merchant-present mode for the QR code scan, and the customer-present mode for the QR Code scan.