Alipay

Alipay is a digital payment platform based in China that allows users to make electronic payments for various services. It enables individuals to pay for online purchases, transfer money to friends, and pay bills using their smartphones. Alipay also offers features like credit services, investment options, and a digital wallet for storing funds. Launched by Alibaba Group in 2004, it has become one of the largest payment platforms globally, popularizing QR code payments and facilitating transactions in everyday life, both online and in physical stores.