What is Alipay ?
Alipay is the most widely used third-party online payment service provider in China. With over 100 million daily transactions and over 520 million active users. Its primary product is a digital wallet, Alipay Wallet, which also includes a mobile app that allows customers to conduct transactions directly from their mobile devices.
Can tourists from countries other than China use Alipay to make payments ?
How does the Alipay enhance my business ?
When you provide Alipay as a payment method, Chinese tourists tend to spend more, because they can access their whole money in Chinese banks to make your paymet. Not only the money they have in their hand.
How do I register ?
You have to register in PayBoot as a Merchant and request Alipay as a Payment Method.
What is Alipay QR Code ?
There are two types of QR codes; one is Static QR and the other one is Dynamic QR. When you get registered as a Merchant, Alipay Provides you a Static QR code to do transactions in anytime anywhere. If you want to get unique QR codes for each transaction, you have to create a POS account in PayBoot account. There you can create dynamic QR codes for each transactions.
Do I get a QR Code ?
How can I use Alipay to receive transactions ?
You can present your QR Code to the Client. Client will scan it and make the payment.
Is Alipay secure ?
Yes. Alipay uses industry-leading security technology, conforming to PCI-DSS information security standards, and tailor full-featured security products to protect the security of every transaction.
How can I know when a transaction is made through Alipay ?
When a transaction is made, you will receive a real time notification on your mobile phone and on the web site (if you're logged in).
Do I get a report of transactions ?
Yes. You can generate a daily report or a advance report anytime.
When a transaction is made, where does the money go ?
You can use any saving bank account as the settlement bank. Money will be depositted to that bank account.
After the transaction, how long do I have to wait to receive payment ?
T+2; Your money will be depositted after 2 working days from the transaction.
I don't have a registered company in Sri Lanka. Can I use Alipay ?
Yes, of course.
Do I have pay a setup fee ?
No. It's free.
Do I have to pay an annual fee ?
First year is for free. Starting from second year, you have to pay an annual fee depending on your transaction amount.