Alipay (支付宝) : China's go-to mobile wallet for QR payments, in-app mini-programs, savings and credit products.

Alipay began in 2004 as Taobao's escrow payment, holding money until goods arrived, before becoming the cashless payments app run by fintech Ant Group.

Users scan a QR code to pay instantly, and mini-programs handle transit fares, bills and delivery; an integrated money-market fund grows idle balances.

Its QR codes fill Chinese storefronts and metro gates. Overseas visitors can install Alipay, link a Visa or Mastercard and pay at Chinese merchants; account-bound services stay unavailable abroad.

How is Alipay different from PayPal?

Alipay integrates deeply into China's offline economy for QR payments at stores, restaurants, and even street vendors. It offers wealth management products (Yu'ebao), loans, insurance, and credit scoring (Sesame Credit). It functions as a full financial super-app beyond just payments.

Is Alipay secure for international users?

Alipay uses bank-grade encryption, biometric authentication, and real-time fraud monitoring. It offers buyer protection on transactions. However, data is stored on Chinese servers subject to local laws. Users should enable two-factor authentication and review privacy settings carefully.

Can US residents use Alipay?

US residents can use Alipay in limited ways. The Alipay app allows international users to link foreign Visa/Mastercard cards for payment at Chinese merchants. However, full functionality requires a Chinese bank account and phone number. Alipay+ supports cross-border transactions.