Fee Definition
Service Fee
An amount of transaction fees paid by a partner to Alipay+ with respect to the interpartner of a payment.
Service Fee is mandatory to each transaction.
Interpartner Fee
An amount to be paid by the acquiring partner to Alipay+ for each payment. This amount is then passed on by Alipay+ to the relevant mobile payment partner involved in that payment.
Interpartner Fee is mandatory to each transaction.
Fee Structure
Payment: Service Fee+ Interpartner Fee
Interpartner Fee is varied by:
Mobile payment partner involved in that payment
Local and crossborder transactions
Certain merchant industry (MCC)
Funding source (balance/card, etc)
Service Fee is varied by local and crossborder transaction.
All in all, the variation reflects values from different services.
Refund
Interpartner Fee to be returned in refund.
No return of service fee