Credit card balance. According to Taobao's instructions for use, if you purchase goods on Taobao and perform a refund, no matter what payment device you use, the refund will be refunded to the balance of the device. If you use a credit card to pay, the refund will be refunded to the credit card balance. Taobao is the largest online retail and business district in the Asia-Pacific region. It was founded by Alibaba Group in May 2003.