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What payment method does Vipshop use?

As of December 2020, the payment methods supported by the Vipshop shopping website are: quick payment, payment by 23 mainstream online banks, cash on delivery, Alipay and UnionPay payment, credit card payment, and change payment. Vipshop Information Technology Co., Ltd. (VIPS) was established in August 2008 and is headquartered in Guangzhou. Its website was launched on December 8 of the same year.

As of December 2020, the payment methods supported by Vipshop shopping website: Quick payment, payment by 23 mainstream online banks, cash on delivery, Alipay and UnionPay payment, and credit card payment , change payment. Vipshop Information Technology Co., Ltd. (VIPS) was established in August 2008 and is headquartered in Guangzhou. Its website was launched on December 8 of the same year.

Vipshop’s main business is the online sales of branded discounted products, covering major categories such as designer clothing, shoes and bags, beauty, maternal and infant products, and home furnishings. On March 23, 2012, Vipshop was listed on the New York Stock Exchange (NYSE). At present, Vipshop has become the third largest e-commerce company in China. Vipshop's total net revenue in 2018 was RMB 84.5 billion, a year-on-year increase of 15.9%. Vipshop’s net revenue in Q3 2019 was RMB 19.6 billion, and the number of active users reached 32 million. As of the third quarter of 2019, Vipshop has maintained profitability for 28 consecutive quarters.