Product handbook - Alipay+ Cashier Payment
Alipay+ Cashier Payment
An online cashier product that provides acquirers with one-stop access to global mobile payment methods in one cashier page.
User Experience
Payment Methods
Power payments with worldwide payment methods.
Generally speaking, all Alipay+ core payment methods are launched unless there is any compliance restriction from acquirers/merchants to block specific payment methods.
In addition, BNPL may have its own risk preference, pls check influences in specific BNPL payment methods.
Alipay
Founded: 2004
Registered Users: 1Billion
Marketshare: 55.32%
E-Wallet
AlipayHK
Founded: 2016
Registered Users: 6Million
Marketshare: 80%
E-Wallet
MPay
Founded: 2006
Registered Users: 0.7Million
Marketshare: ~100%
E-Wallet
Kakaopay
Founded: 2014
Registered Users: 36.5Million
Marketshare: 70%
E-Wallet
GCash
Founded: 2004
Registered Users: 60Million
Marketshare: 83%
E-Wallet
BPI
Founded: 1851
Registered Users: 3.5Million
Marketshare: 20%
Bank
Touch ‘n Go
Founded: 1997
Registered Users: 17.9Million
Marketshare: 81%
E-Wallet
Boost
Founded: 1996
Registered Users: 9.6Million
Marketshare: 22.4%
E-Wallet
Checkout Operation
Smart Sorting Strategy
Standardised and smooth experience when redirecting to the payment method.
Flexible Checkout Modes
Support Alipay+ unified mode with aggregated payment methods and tile mode with single payment method to display on merchant checkout via Alipay+ integration.
Aggregated Logo Display
Set up available payment methods and configure checkout Alipay+ & wallets logos via operation platform
Marketing Solutions
Boost sales with marketing tools to complement the payment experience.
Clearing & Settlement
Clearing Timeline: T+1 Calendar Day.
Settlement Timeline: T+2 Business Day.
Settlement Currency: 20+ currencies by different acquirer's bank account regions.
For more information, read here.
Refund
Refund can be processed via API.
Support full, partial, and multiple refunds.
Support one-calender-year refund valid period. Check exceptions.
Fee
Two mandatory fees: Service Fee & Interparter Fee.
Interpartner fee can be priced by merchant, business industry, payment method and various perspective.
Click here to learn more.
FX Service
Alipay+ provides FX service to support dynamic currency conversion (DCC) and Locked-in exchange rate, which supoorts users to have familiar experience via the currency they are used to.
Learn more >>
Dynamic currency conversion (DCC)
Let customers pay with the local currency or their own currency.
Support 24+ processing currencies and 21+ clearing currencies.
FX Rate Protection Service
Exchange rate locked in at the point of purchase, which is used as the same exchange rate to the the point of clearing and refund.
Risk Management
Alipay+ provides risk scanning, monitoring, early warning and dispute handling services for our partners to prevent any potential risks they may cause.
DDQ and Risk scanning when onboard our Acquriers partner.
Risk monitoring and early waring on transactions.
Support for uploading and co-inspection of fraudulent and risky transactions.
Handle dispute query, escalation and cases review.
Integration Service
API
Applicable for in-app, web, and wap payment
Low-cost integration and maintenance
Multilingual capability
Displays marketing info
Learn more >>
SDK
Applicable for in-app payment
No redirection during the payment process
Customizable to suit merchant UI design
Displays marketing info
Learn more >>
Tools for integration
Partner Workspace
Easy Reconciliation
A centralized platform where partners can query transactions, initiate refunds, and download reconciliation reports through a calendar board.
Risk Management
The workspace enables partners to resolve disputes and monitor fraud risks as required by Mobile Payment Providers.
Custom Logo Generator
Partners can flexibly customize Alipay+ aggregated logos based on merchants’ needs at the workspace.
©  2022 Alipay+
Product handbook - Alipay+ Cashier Payment