Alipay (What the hell is this ?)

Alipay 

What the hell is this ?

As a blogger I am much interested and like for the concept of Alipay. It is a grate revolutionary technology too, But what about the concept of Alipay supported digital smart devices,now lets talk about it ?  

What is Alipay ?

Alipay (Chinese: 支付宝) is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based.

Alipay overtook PayPal as the world's largest mobile payment platform in 2013. As of March 31, 2018, the number of Alipay users reached 870 million. It is the world's number one mobile payment service organization and the second largest payment service organization in the world. According to the statistics of the fourth quarter of 2017, Alipay has a 54.26% share of the third-party payment market in mainland China, and it continues to grow.

What can I do with Alipay ?

To use Alipay, you must be in china first.

If not you can't do any thing with it.

If you are a Chinese then you can use this option. As we all know the Alibaba Group is working based on china. So the people who live out side of china don't want this so called Alipay.

How does Alipay works ?

• First you have to register you'r self in Ali express.
• You have to link a bank account to that.
• You want a digital devise to access this feature (eg- MI Band 4).
• Tap on Alipay in your digital smart devise and make the payment.

Is it actually require a Smart digital devise ?

No, but they always say claim that requirement.

But actually the so called Alipay is only linked QR cord, and If you want you can print that and use it. So I believe that using Alipay is not secure as NFC.

Is it important to have an Alipay support Smart digital devise ?

No , It is not important, not only for the people who lives in out side China, but also it is not important for Chinese people. The only thing you have to do is just to print your special QR cord and keep it in your wallet is more than enough.

 Please don't be fool about this so called Alipay supported device scam !!

!This post is my opinion only and free for any arguments! 

Your Arguments will make me up

Thank You.