Company Overview

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Founded:
2004
Employees:
500
Headquarters:
Hangzhou
Categories:
Payments, E-Commerce, Advertising
Description:
Alipay is an online payment services provider that enables individuals and businesses to execute payments online in a secure manner.

Detailed Description

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Alipay is an online payment services provider. Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner. Alipay's users are primarily buyers and sellers engaging in e-commerce transactions. With a registered user base of approximately 43.5 million as of June 2007, Alipay is an accepted online payment method for many online retail websites and service providers in China. Clearly, it is also the main payment online payment on sister site Taobao.

Alipay has partnered with some leading Chinese banks including Bank of China, China Construction Bank, Agricultural Bank of China, and the Industrial and Commercial Bank of China; it also has a valuable partnership with Visa.

PayPal remains its primary competitor.

Current Team (17)

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Past Team (5)

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Products (1)

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  • Xwsf2nfvsj7vewmoivy3

    Alipay

    Alipay was added to CrunchBase in 2007

Offices/Locations (1)

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  • Office

    6/F Chuangye Mansion, East Software Park

    No.99 Huaxing Road

    Hangzhou, 310099

    CHN

Competitors (1)

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  • Cbbea0dfa4dd0e14d31f3f912916ce64

    PayPal

    PayPal is an online payment gateway providing users a method to pay and get paid across the...