Product handbook - Alipay+ Cashier Payment
Alipay+ Cashier Payment
An online cashier product that provides Acquiring Service Providers (ACQPs) with one-stop access to global mobile payment methods on one cashier page.
User Experience
Payment Methods
Power payments with worldwide payment methods.
All Alipay+ Core payment methods are launched unless there are any compliance restrictions from ACQPs/merchants to block specific payment methods.
BNPL may have its own risk preference. Check influences in specific BNPL payment methods.
Alipay
Founded: 2004
Registered Users: 1 billion
Market Share: 55.32%
E-Wallet
AlipayHK
Founded: 2016
Registered Users: 6 million
Market Share: 80%
E-Wallet
MPay
Founded: 2006
Registered Users: 0.7 million
Market Share: ～100%
E-Wallet
Kakao Pay
Founded: 2014
Registered Users: 36.5 million
Market Share: 70%
E-Wallet
GCash
Founded: 2004
Registered Users: 60 million
Market Share: 83%
E-Wallet
BPI
Founded: 1851
Registered Users: 3.5 million
Market Share: 20%
Bank
Touch 'n Go eWallet
Founded: 1997
Registered Users: 17.9 million
Market Share: 81%
E-Wallet
Boost
Founded: 1996
Registered Users: 9.6 million
Market Share: 22.4%
E-Wallet
Checkout Features
Smart Sorting Strategy
Standardized and smooth experience when redirecting to the payment method.
Flexible Checkout Modes
Displays an aggregated logo that shows multiple payment method brands on the merchant checkout page.
Aggregated Logo Display
Configure the Alipay+ aggregated logo based on available payment methods via the 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+ settlement currencies are supported, subject to the region of the ACQP’ sbank account.
For more information, see Details for Clearing & Settlement.
Refund
Refunds can be processed via the refund API.
Full, partial, and multiple refunds are supported.
The valid refund period is one calendar year in most cases.
For more information, see Details for refund.
Fee
There are two types of fees: Service Fee and Interpartner Fee.
The Interpartner Fee is determined by merchant, business industry, payment method, and various factors.
For more information about fees, see Fee definition.
FX Service
Alipay+ provides FX service to support Dynamic Currency Conversion (DCC) and Locked-in exchange rate, which gives users a familiar experience with 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+ transaction currencies and 21+ clearing currencies.
FX Rate Protection Service
The exchange rate is locked at the point of purchase and is used for the clearing and refund thereafter.
Risk Management
Alipay+ provides risk scanning, monitoring, early warning, and dispute handling services for our partners to prevent any potential risks.
DDQ (Due Diligence Questionnaire) and risk scanning when onboarding ACQPs.
Risk monitoring and early warning for risky transactions.
Support for uploading and co-inspection of fraudulent and risky transactions.
Support for dispute query, escalation and cases review.
Integration Service
API
Applicable for in-app, Web, and WAP payment
Low integration and maintenance costs
Multiple-language support
Marketing content display
Learn more >>
SDK
Applicable for in-app payment
No redirection during payment
Customizable to suit merchant UI design
Marketing content display
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