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.
Alipay has established strategic cooperative relations with more than 80 banks at home and abroad, as well as institutions such as VISA and MasterCard, and has become the most trusted partner of financial institutions in the field of electronic payment.
In February 2020, Bank of Nepal issued a license to Alipay. In July, Alipay was selected into the list of excellent programs for blockchain warfare "epidemic". On June+10, 5438, Alipay launched the "late payment fee" function.
On March 30th, 20021year, the official announcement of Alipay Open Platform announced that the free cash withdrawal service with cash withdrawal code would be extended for another three years, until March 30th, 2024, at 3 1 year, with no single limit or single-day limit. On May 8, the digital RMB APP was updated, and the "online merchant bank (Alipay)" in the wallet operation organization was available. 10 On June 2, Alipay announced the progress of interconnection with China UnionPay, and 85% of Taobao stores have supported consumers to pay through China UnionPay Express. In addition, mutual recognition of payment codes has been achieved in Beijing, Tianjin, Guangzhou, Shenzhen, Chengdu, Chongqing and Xi 'an, and it is planned to cover all cities in China in March next year.