E-currencies exchange to Alipay CNY

24pay.me offers our Customers to take advantage of fast and expedient e-currencies exchange to Alipay CNY accounts. Alipay transfers are usually processed within 1 business hour, furthermore account registration is not compulsory to perform such an exchange.

You can withdraw following e-currencies to your Alipay CNY account:

Bitcoin Exchange to Alipay
Litecoin Exchange to Alipay
PM USD Exchange to Alipay
OKPay USD Exchange to Alipay
BTC-e USD Exchange to Alipay
eCoin USD Exchange to Alipay

Short Review of Alipay Payment System

Alipay payment system has been founded in 2004 as a part of Alibaba group - the biggest infrastructure and marketing company of China. Starting as a payment gateway for AliExpress marketplace it has already covered over than 200 financial partners. More than 10 million of different enterprises use it's payment services. By the end of 2015, the company has 400 million active users, having the biggest market share in China and neighbour countries. Plenty of offline scenarios allows to cover any business - supermarkets and local shops, transport, restaurants - to integrate Alipay as a payment method.

Nowadays Alipay is accepted by about 700 000 offline stores and public transports in over 30 countries and regions. If we add the fact that this system has 14 supported currencies it is clear that it is available to almost 2/3 population of the Earth.

Over 200 million of Alipay customers also have access to different financial products like Yu’e Bao and Zhao Cai Bao. The payment system operates with more than 65 financial institutions like Visa and Mastercard. Payment methods offered by the Chinese company are really widespread - alongwith already mentioned Visa and MC, they are also Maestro, American Express, Qiwi wallet, WebMoney, Western Union and plenty of others. Payments inside the system are fees-free, making third parties transfers advantageous.

Besides the weak customer protection laws in China, Alipay overcomes this issue by providing an escrow service, which means the payment can't be released until the customer confirms the quality of goods and services provided. Users can be confident that they pay for exactly they want. The company guarantees 100% compensation for unauthorized payments, 90 days payment protection and fast service. Extra security methods are the option of daily limit for payments as well as authorized payment methods implementation. Alipay provides full personal data protection, on-line monitoring and worldclass security payment technology naming Customers' funds security as prior responsibity.

Starting from summer, 2015, new "friend" feature has been added that allows to convert Alipay into a social network which can be used for direct communication between customers and sellers. All in all, the company tends to provide unified solution to users in consumer demands, financial management, society links and lifestyle to complete "one tool for all for the entire world".