Alipay account is the Alipay account name registered by the user on the Alipay website. Alipay account is a function set up by Taobao to solve the security problem of online transactions. The buyer transfers the payment to the Alipay account, and Alipay notifies the seller of the shipment. After receiving the confirmation of the goods, the buyer instructs Alipay to deposit the payment to the seller, thus completing an online transaction.

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Introduction and use of Alipay:

Payment Bao is a term set by Taobao to ensure the security of online transactions. item function. It exists to satisfy users as a measure to improve security when shopping online. Alipay was founded by Jack Ma’s Alibaba Group in 2004.

Always take "trust" as the core of our products and services. Not only does the product ensure the safety of users' online payments, but it also allows users to establish mutual trust between the networks through Alipay, taking a very meaningful step towards establishing a pure Internet environment.

Alipay uses a third-party guaranteed transaction model. First, the buyer purchases the goods and then pays to the Alipay account. In this way, after Alipay receives the payment, it will notify the seller to deliver the goods. After the seller delivers the goods, , and then wait until the buyer receives the goods and confirms receipt. After Alipay receives the buyer's confirmation instruction, it will place the money paid by the buyer to the seller, thus completing a transaction.