Enabling payments via Alipay

The Alipay payment system with an active audience of 700 million Chinese is a pioneering mobile payment system in China. Alipay is a subsidiary of the Alibaba Group (that consists of more than 700 subsidiaries, including such marketplaces as Taobao, Tmall, Aliexpress). Similarly to WeChat, the Alibaba Group is a large trading, social networking and financial ecosystem in China. An Alipay account allows its users to pay for goods and services both in the online and offline sale sectors. Thanks to the application in the user's smartphone and QR codes, all financial transactions are carried out in no time.

Why Do You Need It For Your Business?

For offline business

The tourist traffic from China to Europe is growing every year. Also, a considerable number of students, businessmen, and other Chinese citizens reside in the EU. An offline business may take advantage of enabling payment methods convenient for the Chinese people audience: this would be a tangible benefit and another attractive line in the company's business card. This is especially relevant for service companies where Chinese tourists or expats take a significant portion of clients.

There may be also a different payment scenario, where the cashier generates and prints out a receipt with QR code, and the buyer scans it to make the payment. However, this scenario requires a PIN-Pad at the outlet.

For online business

Many Chinese people who plan their trips abroad may be willing to order your products or services online. In this scenario, it would be convenient for the business to receive payment through the website, and for Chinese tourists to get their goods/services upon arrival in your city.

The companies selling their goods and services directly in China may also find it useful to enable payments via Alipay on their websites.

To be able to receive online payments from Chinese people, we recommend you to enable the Alipay online acquiring and integrate Alipay API.