China AliPay credit card recharge
has been stopped. Now, the credit card cannot be recharged by Alipay. Why will Taobao close the credit card recharge channel? Mainly due to the relevant regulations introduced by the central bank earlier this year. Because PayPal has the function of bank transfer, the cardholder is moved by the distorted mind. I want to recharge my credit card and cash in Alipay.
in view of this, before the introduction of Taobao's related requirements, the central bank closed the credit card recharge channel, in order to prevent the credit card cashing behavior. So now, credit cards can't be recharged by Alipay. However, as the major banks have raised their credit limits, it will not affect the demand of users' credit cards for online shopping. For expensive goods, cardholders can choose to support the store's credit card installment payment and shopping malls to buy.