Payment upgrade is a service provided by Alipay and online merchant bank, which provides users with a smoother balance payment experience. According to the official introduction of Alipay, after the payment service is successfully upgraded, users can enjoy a higher payment amount by using the balance of Alipay account.

Alipay (China) Network Technology Co., Ltd., established in 2004, is a domestic third-party payment platform, and is committed to providing "simple, safe, fast and convenient" payment solutions for enterprises and individuals. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.

Both Alipay and Alibaba Group attach great importance to the institutional arrangement of large-scale shareholding of employees. In the process of preparing for the establishment of small and micro financial services group, 40% of the shares are shared and encouraged by all employees, and the remaining 60% is used to introduce other strategic investors. The on-the-job employees of Alibaba Group and Microfinance Services Group all obtained corresponding shares, realizing "full shareholding".

Alipay provides free instant payment service for non-profit organizations. Take the online fundraising channel opened by Wenchuan earthquake as an example. More than 300 enterprises and public welfare organizations, including Project Hope, China Foundation for Poverty Alleviation, China Children's and Teenagers' Foundation and One Foundation, access Alipay, supporting more than 90% of public online fundraising websites nationwide. On 20 10, the Alipay e public welfare platform was launched, and public welfare organizations can independently publish public welfare projects, and promote the further transparent development of public welfare undertakings through the efforts of the whole people. By May of 20 13, the platform had donated more than10 million times, and the accumulated donation amount reached1.2183880103 billion yuan, and online public welfare donation officially entered the era of 100 million yuan.

Alipay, a subsidiary of Ant Financial, has a life service platform for 520 million real-name users. Alipay has developed into an open platform integrating payment, life service, government service, social interaction, financial management, insurance, public welfare and other scenes and industries. In addition to providing convenient basic functions such as payment, transfer and collection. , but also quickly complete credit card repayment, phone charges, water, electricity and coal charges. Through the intelligent voice robot, you can reach hundreds of life services in one step. You can not only enjoy consumption discounts, interact with friends, but also manage money easily and accumulate credit. It has covered 38 countries and regions except Chinese mainland.