Credit card recharging Alipay has been stopped
At present, credit cards can no longer recharge Alipay. Why does Taobao close the credit card recharge channel? Mainly due to the relevant regulations issued by the central bank at the beginning of this year. Because Alipay has the function of transferring money to a bank account, some cardholders have a crooked mind and want to recharge Alipay with their credit cards to cash out their credit cards.
in view of this, the central bank has issued relevant regulations, requiring Taobao to close the credit card recharge channel, aiming at banning credit card cashing. So at present, credit cards can't recharge Alipay. However, as major banks have raised the credit card quota, it will not affect the online shopping demand of credit card users. For expensive commodities, cardholders can choose to buy in shops and shopping malls that support credit card installment payment.