Registering an Alipay account for international businesses

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Alipay is the world's largest mobile digital payment platform, with nearly 1.5 billion users and 80 million merchants worldwide.

As the platform, along with WeChat Pay, is dominating the Chinese digital payment market, registering an Alipay account has become a must for international businesses. Alipay, massive in China, is recently growing mexico phone number list mainland China, including Malaysia, Thailand, Singapore, Hong Kong, and other countries. In this article, we will guide you through registering an Alipay account as a foreign business.

Contents [ hide ]

1 What is Alipay and how does it work?
1.1 Can Alipay be trusted as a foreign company?
1.2 How much does it cost to set up Alipay outside of China?
2 How to register an Alipay account as a company based outside of China?
2.1 Find the official Alipay website on your browser
2.2 Select the 'Merchant' option
2.3 Continue with 'Start'
2.4 Complete the registration form
2.5 The qualification procedure
3 Register an Alipay account without a China Bank account
4 What are the advantages of using Alipay?
5 Need help with Alipay account setup?
What is Alipay and how does it work?
China-based Alipay app is an e-wallet – a convenient payment app. Alipay customers can send and receive money electronically without having to use cash. But in reality, Alipay, a full-featured super app, offers many other functions. With a single click, users can shop online, top up mobile phones, pay bills, order takeaway food, call a taxi or even buy insurance. With 1.3 billion users worldwide, Alipay is fast becoming the preferred choice for those who want to make international payments as well.

Alipay customers can upload and save their card information on the app. They can make payments in an instant via mobile phones without any hassle. Alipay has partnered with different financial companies, mostly Chinese credit or debit card companies, as well as Mastercard and Visa.


Alipay has around 54% of the market share in China, and its biggest competitor, WeChat, has 42%. As the leading payment platform in the country (and worldwide), it has over 900 million Chinese users, and around 80 million merchants support this payment method. Alipay is definitely a must-have in China, and it’s hard to get around without having an account on the platform.
Can Alipay be trusted as a foreign company?
As far as security precautions are concerned, Alipay has taken several measures to protect your transactions and data. It is a very effective and trusted application when it comes to securing customer funds. Some of the security precautions include:

Advanced Encryption – Alipay encrypts your private data and makes payments
Alipay offers real-time monitoring – Alipay monitors all transactions and risk levels in real time
Alipay's risk management framework protects against money laundering and fraud
How much does it cost to set up Alipay outside of China?
The cost of setting up Alipay outside of China will depend on the specific market. Typically, there is a $1,000 account setup fee and transaction fees that can be as high as 3%. Additional fees may apply if you wish to accept Alipay payments by partnering with an Alipay acquirer.