From now on, shoppers at AliExpress can choose 'Pay later' at the checkout, and pay for their goods after delivery. This payment alternative allows them to try items at home and keep what they love, before parting with any money.
Within a few minutes and through a single integration, Stripe users can now access over 1 billion Chinese consumers in and outside mainland China.
1 To approve the transaction, select Activity from the main menu. Look for the pending payment in the transaction list and click Accept. 2. Select the Accept this payment, convert it to USD, and then click Submit.
Enter the amount you wish to send, and choose the date to send your transfer. Select Alipay as your preferred payment method. Enter your recipient's name, address, and the email associated with their Alipay bank account. Select your method of payment (credit or debit card), and enter your payment information.
Which countries support Alipay? Alipay supported countries include: US, UK, Australia, Hong Kong, Singapore, Canada, Brazil, Russia, Germany, Spain, Italy, and virtually every other major country in the world.
Non-Resident Account (NRA): An NRA can be opened in any Chinese bank. NRA accounts can be opened with Chinese Renminbi (RMB) or foreign currencies, limiting your foreign exchange risk exposure.
To open a bank account in China requires time, but overall it's not particularly complicated. The key is finding a bank branch that has experience working with foreigners and that is willing to accept your particular visa/resident's permit (more on this later).
Even though YouTube is blocked under the Great Firewall, many Chinese media outlets, including China Central Television (CCTV), have official YouTube accounts. In spite of the ban, Alexa ranks YouTube as the 5th most visited website in China.
Starting from October 12, Alipay's individual users will need to pay a fee of 0.1 per cent on digital transfers to bank accounts where the accumulated sum exceeds 20,000 yuan (HK$23,200), the company said in a statement on Monday. The minimum fee per transfer will be set at 0.1 yuan, it said.
However, Alipay has a certain disadvantage as a social networking platform. It has detailed financial records of its users' spending: what they have purchased, what investment they have done, and how much money they still hold in hand.
accept alipayAs of right now, Shopify merchants in the United States can use the new Alipay payment gateway. Additional markets, such as Hong Kong, India, South Korea, Indonesia, the Philippines, Malaysia, Thailand, Pakistan, and Bangladesh, will follow. Shopify retailers in the US can register here.
Alibaba uses Alipay to execute a credit or debit card transaction. It is one of the safest ways to pay for anything outside of Alibaba. Customer pleasure is given priority in this frequently used approach.
According to the business, Alipay is accepted at over 175,000 sites in the United States thanks to partnerships with technology suppliers.
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