Alipay (alipay.com) is China's leading online payment service,by both number of users and total transaction volume. A member of Alibaba Group, it enables individuals and business to securely, easily and quickly send and receive payment online. Alipay work like an escrow sevice, solving the issue of settlement risk in China.

Since its lanch in 2004, Alipay has become the most popular and extensively used online payment tool for all areas of e-commerce in China, and is fast becoming the industry standard. As of 6 July 2009, Alipay had more than 200 million users and a daily transaction volune exceeding RMB700 million, through more than 4,000,000 daily transactions.

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