Registration, use and withdrawal: analysis of the entire international Alipay process

International Alipay is a third-party payment service jointly launched by Alibaba Group and Ant Financial Services Group, aiming to provide security for international online transactions. Whether you are an individual or a business, you can register and use this service in simple steps. This article will introduce in detail the registration, certification, use and withdrawal process of international Alipay.

Registration and Certification

Personal account registration and authentication

• Visit Alipay’s official website and click “New User Registration”;
• Select account type (individual/business);
• Follow the guidelines to complete the registration information, including but not limited to email address or mobile phone number;
• Check the activation link in the registered email and follow the prompts to complete account activation;
• After logging in to your Alipay account, go to “Account Settings” – “Basic Information” – “Real Name Authentication” to start the authentication process.

Enterprise account registration and authentication

• Also visit Alipay’s official website to register;
• In the certification process, relevant information such as company name, business license registration number, etc. need to be provided;
• If the applicant is not a legal representative, a power of attorney must be prepared;
• After submitting all necessary information, wait for the customer service staff to review the business license and other information.

International payment account binding

• Log in to the AliExpress platform and select the “Alipay International Account” option;
• Read the terms of service and sign the usage agreement;
• Set payment password;
• Bind domestic Alipay account to receive RMB directly.

Advantages of using international Alipay

• Supports multiple payment methods, such as credit cards, debit cards, etc.;
• Comprehensive protection of transaction security;
• Convenient and fast, no deposit required to complete the transaction;
• Backed by the strong support of Alibaba Group.

Seller withdrawal process

• Enter the international Alipay account and check whether a withdrawal bank account is set up;
• Select “I want to withdraw cash” to operate the RMB and USD accounts respectively;
• Enter the withdrawal amount and confirm that the information is correct before submitting.

Notes

• The minimum limit for US dollar withdrawals is US$16, and a handling fee of US$15 is charged each time;
• There is no handling fee for RMB withdrawals;
• As another commonly used international payment tool, PayPal has a lower collection rate for digital goods, which is 6.0% + US$0.05.

Through the above steps, both individual and corporate users can easily complete the registration, authentication, use and withdrawal process of international Alipay accounts. This not only greatly facilitates cross-border e-commerce transactions, but also provides strong security guarantees for buyers and sellers.