Why does it show that the name of the other party is Alipay Co., Ltd. when you go to the rural credit cooperative to save money?
Going to a rural credit cooperative to deposit money shows that the other party's account name is Alipay Co., Ltd. The reasons are as follows: the other party's account name is Alipay Co., Ltd., which means that the other party's loan or credit card bill is paid back through Alipay repayment function. According to relevant public information, the repayment function of Alipay is used. By connecting a bank card or a credit card for repayment, Alipay acts as an intermediary platform to transfer money to a bank or credit card account. So the name of the other party's account shown on the bill is Alipay Limited.