Which one is better Alipay or WeChat Pay?

WeChat Pay is more of a social app used by most users to navigate their daily life. Popular uses are purchasing groceries, paying bills, transferring money to friends, sending red envelopes and other everyday transactions. Alipay on the other hand puts more emphasis on e-commerce payment and financial services.

Is WeChat Pay secure?

Is sending money over WeChat Wallet safe? WeChat encrypts your personal information, financial details and monetary transactions. The Chinese government also monitors all social media devices, including WeChat. So it’s may be safe from hackers, but your transaction isn’t private.

Can you trust Alipay?

The security of the financial information of the users is also guaranteed by Alipay’s advanced security technology and high data encryption standards, there hasn’t been any known online leaking of user’s information since the launch of Alipay.

What is the best payment method in China?

In China the top payment methods are Alipay and WeChat Pay. These payment options should be kept in mind if you want to have an online and mobile presence in China. These mobile first payment methods are accompanied by Union Pay, the popular Chinese card brand.

What is WeChat Pay and Alipay?

Chinese organisations, namely WeChat and AliPay, were pioneers in new payment technology that uses QR codes and in-app features to pay for goods and services. As the organisations that own WeChat and AliPay grow, so too these platforms now dominate the Chinese payment industry, with large usage nationally.

Does Alipay have buyer protection?

Buyers are protected when items delivered are not received, or are not as described by sellers. When items purchased online fail to be delivered or do not appear as described by the seller, you can get a full refund or choose a partial refund. Shopping is safer when you buy with Alipay.