Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. What is Alipay and how does it work? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. The information supplied on this site does not constitute financial advice. In fact many individuals and business owners may benefit from using two or more of these platforms for their varied transaction types. However, service fees can then apply depending on how you transact. Mar-26-2022 05:16 AM. 2 Choose your preferred way to pay and send it securely. Always do your own research before making any financial decisions. Step 4: Conveniently pay with a PayPal account, bank account, credit card, or debit card. 1. You can also conveniently send payments to Alipay through their app and desktop site. The PayPal Cash Mastercard is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. Enter your recipient's name, PayPal username, email, or mobile number. It's easy to send funds to family and friends in Asia using Alipay and mobile payment apps like Remitly: For first-time customers, download the Remitly app and create an account. Personal customers can use Wise to send low cost international payments which use the mid-market exchange rate, with fees from 0.41%. You can even add a personalized note. 1999-2023 PayPal, Inc. All rights reserved. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The best way to transfer money from PayPal to Alipay is by using an exchange with a fee attached. Compare a few options to help you choose between Wise for low cost transfers with the mid-market exchange rate, Western Union for an impressive choice of 130+ payment currencies, or WorldRemit for convenient transfers 24/7. Lets dive right in. Once you make a pick, move on to complete the account development process. So, if youre looking for a Full Guide on transferring money fast from Paypal to Alipay, follow me closely on this article. Mar-21-2013 01:59 AM Hi Snowhoe, The reason that I want to link the two accounts is due to me opening up a taobao.com account and I wanted to find a safer way for paying for items that I purchase. Best ways to send money to GCash (Philippines) from the US. Wise Asia-Pacific Pte Ltd is regulated as a Major Payment Institution by The Monetary Authority of Singapore (MAS) license: PS20200413. Banking hours and banking system availability in your recipients country or region. USD. Simply contact us or visit our Help Center for assistance and information. Some payment apps claim to offer what is known as "pass-through insurance" on customer funds through an arrangement with a bank or credit union. Find the answers youre looking for in our Help Center. It should answer any questions you may have. Xoom is a PayPal service. By browsing this website, you consent to the use of cookies. How Can I create PayPal or Alipay account? Currently, there are different ways you can indirectly make a transfer, which we will discuss immediately. Alipay is one of the largest digital payment platforms in the world, offering e-wallet services which can help users send and receive CNY payments easily. The number of currencies you can send from will depend on the provider, and Alipays own rules. Terms apply. Learn more and manage your cookies. Xoom moves your money fast, and keeps your security a top priority. Prior results do not guarantee a similar outcome. Handily, the app is also available in English. Click the PayPal.Me link you were given or enter it into your browser. The Bancorp Bank; Member FDIC. Send money across the table or across the globe.1. What Are the Most Useful Certifications For Working in Mental Health? Explained: what is a Tiger Brokers paper account, How to delete your PayPal account in Singapore, How to receive money to your PayPal account in Singapore, Minimum age to open savings and deposit accounts in Singapore banks, Available globally in all but a few countries, Personal services may be available based on your region and meeting eligibility criteria Merchant services available in regions including China, the US, Singapore, select countries in Europe and Brazil, None for personal customers - business customers should check their specific terms and conditions, CNY is the primary currency for most personal customers Business customers may find their accounts are denominated in a different currency based on their region, PayPal credit or debit cards may be available based on customers account type and location, Linked debit cards available for personal and business customers, Exchange rate markups apply, which can usually be 3% to 4% based on location and transaction type, Exchange rates may include a markup - check within your Alipay app, Send to PayPal accounts all over the world - fees apply based on customer location, Available - services vary based on the destination country, Yes - in a broad range of countries globally, Often free when paying with a linked bank account or PayPal balance - fees can apply when using a credit card, Exchange rate markups apply, which can usually be 3% to 4% based on location and transaction type, Exchange with mid-market rates and low fees based on currency from 0.41%, Fees apply based on customer location - costs are at least 5% in the US, as an example, Available - fees vary based on the destination country, Send to 80+ countries, fees based on currency - from 0.41%, Service fees apply, based on account holders specific terms and conditions, Fee depends on your location - 3.49% is used for many domestic US payments for example Additional fees (1.5% in the US) apply when receiving an international transfer, Transaction fees are based on account types, and not disclosed publicly Average costs of 0.55% per transaction are reported online, Free to receive payments in up to 10 currencies (except USD wire transfers). It is not intended to amount to advice on which you should rely. Got it? The first is to scan the merchants QR code and enter the payment amount, or the merchant can scan the payment code on your phone to collect the payment. Alipay is one of the biggest payment providers in China, and has expanded to cover other broad global regions. Wise Business customers get all the benefits personal customers have, plus handy extras like batch business payments and cloud accounting integrations. PayPal is safe to use for personal and business customers, thanks to global regulation, and PayPals own buyer and seller protection services. In the amount field, set the exchanged amount you want to receive. In this article, we'll take a look at what Apple Pay later is, and how to use this service. Known for: Fast, secure payments to accounts around the world, with the mid-market exchange rate and low fees. If the merchant accepts Alipay as a payment method, all you need to do is select it at checkout. In one PayPal account, there are only two ways you can transfer money. 292843 Exchangers: 239 Updated: 7:57:01 PM Exchange Alipay CNY to PayPal USD In the list below, you will see exchangers where it is possible to exchange Alipay CNY to PayPal USD. Known for: Wide range of ways to send and receive international and domestic payments. The PayPal Cash Mastercard is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. Wise multi-currency accounts can hold and exchange 50+ currencies, and send payments to 80+ countries around the world. Approval by the Xoom proprietary anti-fraud verification system, Funds availability from sender's payment account (checking, credit or debit card). Sending money from Wechat/Alipay to Paypal . This Google Pay vs. GPay comparision will help to clear up this. Enter the amount you want to send and choose a currency. First published on June 1, 2023 / 4:14 PM. You must complete the signup process after entering all of your personal details, and you will then create your PayPal account. Oct-07-2016 06:04 AM. Here are some of the key features of Alipay: If youre in the US you may not have an Alipay account yourself. Some providers also have an annual cap - this is set at 500,000 CNY for Wise and WorldRemit for example." Users in the United States can only top up their PayPal accounts with a debit card that looks like ours, and users in 189 other countries cannot top up their PayPal accounts with a bank card. I would like to know if it's possible to send money from my paypal account to an alipay account (used in china). New Community Member. Transfer money to AliPay using a PayPal exchanger? transaction fees when you send to friends and family within the US from your bank or PayPal balance. This may capture the specific promotional rates applied at the time of research so do check a few options before you make your payment, to make sure you get the best live deal. Xoom makes it quick and easy to start sending money today. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. "acceptedAnswer": { Or you can use your linked Wise card to pay in person, online, and using a wallet like Apple Pay - again with the mid-market rate and low fees, no matter where in the world you are. Leave the Archive. if possible, can you please help me by giving me some step by step instructions.. Don't think so, but you can contact Alipay yourself and ask: http://market.alipay.com/ospay/contactUs/contactUs.html. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. As these restrictions can change over time youll need to double check with Alipay if you have any doubts. Choose Payments and then Pay. Or, select the Send button. Step 1: You can log in with your PayPal credentials or easily create a Xoom account, starting with your name and email address. We can help. To find out more about Alipay and how it can help you - read this article . While exchange rates vary, this is close to 700 USD at the time of writing. You can even send CNY instantly to Alipay users, thanks to a recent linkup between Wise and Alipay. PayPal Inc. Apple Inc. Samsung Pay. It is a mobile wallet you can use for both in-person and online payments. However, which of the three providers suit you could simply depend on where you are and how youre planning on using your account. You don't need to pay a transaction fee when you send payments with PayPal. This has opened up Alipay for global personal customers - particularly helpful for anyone living and working in China, or even for visitors looking for convenient ways to pay. Alipay part of the world famous Alibaba Group is a popular way to send and receive payments through an app. You can learn more about our fees here. Here's how to send a payment usingPayPal.Me: Here's how to send a payment usingPayPal.Me with the app: If you're sending money to a friend or family member internationally, please visitXoom. First, though, lets look at a feature comparison between PayPal vs Alipay vs Wise as an overview: Pricing/fees: Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information. Follow us closely! "When users of these digital apps receive payments, the funds are not usually swept automatically to the recipient's linked bank or credit union account," the agency said. The exchange fee for transferring money from PayPal to the Alipay account is around 3%, which is cheaper when compared to the service.If transferring money to AliPay through PayPal, the question is. You may also find that if youre sending a payment in a foreign currency with Alipay, fees apply - which can include a markup on the exchange rates used wherever currency conversion is required. But more on this, later. Step 1: Just tell us how much to deposit. You are viewing the PayPal Community Archives. June 1, 2023 / 4:14 PM We're committed to keeping your transaction secure by not sharing your financial information. Fast.1. Thats a strength in numbers you can trust. Message and data rates may apply. Wise is a specialist in online international payments and multi-currency accounts for business and personal customers. Exiap Website (https://www.exiap.com/) is a comparison website only and not a currency trading platform. You can register a Wise account online or in the Wise app in a few simple steps, and arrange your transfer with low fees and the mid-market exchange rate. Here are the steps to build an account with PayPal or AliPay. Learn more. All you have to do is place an order to recharge Alipay on pay fast, pay with PayPal, and the supported domestic currency. Wise and WorldRemit lets you send payments to Alipay in 50+ supported currencies, whereas Western Unions supports 130+ currencies globally." Use our Xoom service to transfer money to over 130 countries, even if your recipient doesnt have a PayPal or Xoom account.3, Pitch in for concert tickets. Conveniently send money to China, and track transactions right from your phone. Your money will typically arrive within 30 minutes to most major banks in China when sent during the processing hours of 7:30 a.m. - 10:00 p.m . The exchange fee for transferring money from PayPal to the Alipay account is around 3%, which is cheaper when compared to the service.