Alipay is a popular digital payment platform in China that allows users to make online transactions easily and securely. Launched in 2004 by Ant Group, a subsidiary of Alibaba Group, it enables users to pay for goods and services, transfer money, and manage their finances through a mobile app.
The platform supports various payment methods, including QR codes and online banking, making it convenient for both consumers and merchants. With over a billion users, Alipay has become an essential part of daily life in China, facilitating everything from shopping to bill payments and even investments.