Monday, January 28, 2013

What is Alipay




What is Alipay?
*AliPay is an escrow service that helps protect your payments when buying and selling on Alibaba.com. AliPay allows you to track your order and payment is only released to the supplier after you confirm delivery. Pay securely with your 
credit card without exposing your details. 

Alipay offers a real-time payment solution for international payment. When a buyer pays in Renminbi for a purchase from an international e-commerce website, Alipay will withdraw the payment from the buyer's account in real-time, use the funds to purchase foreign currency, and will then remit the sum to the international merchant's account in settlement.

* AliPay is a leading third-party online payment platform from the Alibaba Group, providing easy, safe and secure transactions for millions of users every day.

Why use AliPay? 
* Safe Transactions
Payment is held by Alibaba.com and only released to the supplier after you confirm delivery 

* Secure Technology
VeriSign encryption technology is used to protect your payment details online 

* Privacy Guaranteed
Your credit card and account details are never exposed to buyers or taobao suppliers

* VeriSign SSL
VeriSign SSL encryption protects and hides your details without slowing your transactions

* Anti-Fraud System
Our Anti-fraud system recognizes and blocks potentially fraudulent buyers and suppliers

* Anti-Virus Protection
Full protection from spyware, viruses and Trojans from our powerful anti-virus system 

How does AliPay work for Buyers ?
Pay securely with your credit card without exposing your details. We only release payment to the supplier after you confirm delivery of your order. When paying online, your details are protected by VeriSign SSL encryption (the highest level of protection commercially available).

Here will teach you how to register at taobao directly and how to open an alipay account easily 
http://taobaofieldguide.com/getting-started-on-taobao/how-to-sign-up-for-a-taobao-account andhttp://taobaofieldguide.com/advanced-tactics/registering-for-an-alipay-account 

[Question] Can i use Alipay to pay for my order?
[Answer] Currently, alsotao.com(original smalltao.com) can accept alipay, paypal, western union,wire transfer, credit card, moneygram payment method. alipay is sub-company of alibaba group. it needs china banks for opening alipay account. alipay is very good for payment. when you receive your items, you can confirm with alipay team and let alipay team to allow money transfered to seller's alipay account.

Which currencies are supported by Alipay's international business?
12 Major Currencies Supported: GBP, HKD, USD, CHF, SGD, Skr, Nkr, Dkr, JPY, CAD, AUD and Euros.

you only get a number from China banks, and this account will be opened in the internet bank, and then you can open it, if you can get chinese, it will better to use it.

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