Question: Do You Need A Bank Account For Alipay?

How do I add bank account to Alipay?

How to create an account?Download the Alipay APP.

Open the “Me” section of the APP.Enter the “My Account: Cards, Membership” section.Tap on the “My Cards – Add Now” button.Set a six digit payment password.Tap on “My Cards – Add Now” again.Add your bank card number after entering the transaction password that you have set during step 5.More items…•.

Can Alipay transfer money to bank account?

Starting from October 12, Alipay’s individual users will need to pay a fee of 0.1 per cent on digital transfers to bank accounts where the accumulated sum exceeds 20,000 yuan (HK$23,200), the company said in a statement on Monday. The minimum fee per transfer will be set at 0.1 yuan, it said.

Can I use WeChat pay without a Chinese bank account?

If you don’t have a Chinese bank account, you can still use WeChat Pay by linking a supported credit card. … Once your card and the phone number have been verified, your WeChat Wallet will be active and you can now use the WeChat Pay.

How do I receive money from Alipay?

Authorize a bank card using the Alipay appTap Transfer to get started.Select Global Remittance.Tap Receive Money.Select Quick money collection.Tap See transfer details.On the transfer details screen, tap Select bank details.Select the bank account you’d like to use, then tap Submit.Confirm your account choice.More items…•

Can foreigners open Alipay account?

After downloading Alipay on Google’s Android or Apple’s iOS, users can register for the international version of the app using their foreign mobile number. Users can then top up money onto a pre-paid virtual card and begin using Alipay across China.

Can I use Alipay without a bank account?

It will allow visitors up to 90 days’ usage of its smartphone application without requiring a local bank account or mobile phone number, it added. …

How does a foreigner verify Alipay account?

Alipay Account Verification for Foreign UsersLog in to your www.alipay.com account.Click “Verify Now(立即认证)”.Fill in your personal information as required.fill in your bank card information.Upload your passport scan.Submitted successfully,Verification will be completed in 24 hours.More items…•

How safe is Alipay?

Alipay is a well established and secure service. Generally, mobile payments are even safer than paying with your credit or debit card. Instead of your actual card details, the merchant receives an encrypted version of your financial details.

Can you withdraw cash from Alipay?

Alipay users will have a withdrawal quota of 20,000 yuan (around $3,000). … When the customer reaches that quota, they will be charged a fee of 0.1 percent for each withdrawal. Other forms of payment and money transfers will still be free.

Is there an English version of Alipay?

For one, Alipay has started offering its app in English. The translation can be spotty at times, but it’s still a huge step forward in accessibility. … You only need to download the app and verify your identity to access all of Alipay’s services.

Can I top up Alipay with credit card?

A prepaid card on Alipay lets foreigners top-up using international credit cards, giving it an advantage over Tencent’s WeChat Pay. … The problem for foreigners is that these platforms require a Chinese bank account, and it’s become difficult for people on tourist visas to open bank accounts in China.

Who accepts Alipay?

Alipay is now accepted at the following brick and mortar stores.7-Eleven Stores.Bloomingdale’s.GUESS.Lacoste.Macy’s.Neiman Marcus – Also known as “needless markups”Saks Fifth Avenue.Walgreens.

Can foreigners use Alipay without Chinese bank account?

Thankfully, both Alipay and WeChat Pay have since opened up the payment function beyond the Chinese market. Yes, tourists can now link their international credit cards to these mobile payment apps. Here’s a step-by-step guide to setting up Alipay and WeChat Pay without a China bank account or credit card.

How can I check my Alipay account without bank card?

To do this, open the Alipay app once again and then tap the Me section….If You’re On A Computer — Use Alipay Without a Chinese Bank Account.Jump into Alipay, log in and then go to the Account Settings (账户设置). … Great! … Now click on the big blue “Verify Now” (立即认证) button. … Almost there!

What is the difference between Alipay and WeChat?

The payment offering for WeChat Pay differs from Alipay, as WeChat Pay will allow users to make payments directly through its digital wallet, while Alipay is providing users with a prepaid card that can be topped up with international cards instead.

How do I set up Alipay account for foreigners?

How to create an account?First, go to Alipay’s application site (make sure you are using your email to register): … Choose your country.Verify your email account.Verify your phone number, you have the choice of using a Chinese or a foreign phone number.Fill out the registration form.Login to your Alipay account through: … Make a deposit.

Can I transfer money from Alipay to Paypal?

At present, Paypal and Alipay can not be directly linked, and can not transfer the funds. Paypal is a U.S. based third party payments company, payments were mainly made in dollars; Alipay, a Chinese third party payment company owned by Alibaba Group, was mainly settled in RMB.

How much does Alipay charge per transaction?

Likewise, on AliPay all internal transactions are free. For external transactions, once a user passes a threshold of withdrawing more than RMBY20,000 (US$2,897), a transaction fee of 0.1% kicks in. Merchants are also charged a fee of 0.55% on the flip side to every purchase.

Does Alipay accept PayPal?

Alibaba Group, the biggest e-commerce company in China, is accepting payments made using PayPal on one of its e-commerce sites, even though the company runs its own competing payment platform called AliPay. … Payments can be made using PayPal, Visa, MasterCard or bank transfer.