Alipay mainly provides payment and financial management services. Including online shopping secured transactions, online payments, transfers, credit card repayments, mobile phone recharges, utility and gas payment, personal finance and other fields. After entering the field of mobile payment, it provides services to multiple industries such as retail department stores, movie theaters, chain stores, and taxis. Wealth management services such as Yu’E Bao have also been launched. Extended information
Alipay is a leading third-party payment platform in China, dedicated to providing "simple, safe and fast" payment solutions. It was established in 2004. It has two independent brands: "Alipay" and "Alipay Wallet". It has established strategic cooperative relationships with more than 180 banks at home and abroad, as well as international organizations such as VISA and Master Card, becoming the most trusted partner of financial institutions in the field of electronic payment.
On May 20, 2015, Alipay’s Chinese password red envelope platform was officially launched. On October 12, 2016, Alipay officially charged fees for cash withdrawals. On September 28, 2018, the Jiangsu Provincial Government announced that it would launch electronic marriage certificates in version 2.0 of the "Jiangsu Government Affairs" applet in cooperation with Alipay.