Alipay+Cashier product- FX Service
The following figure illustrates the refund workflow:
Transaction Currency
  • Local Currency of the location of the Merchant or any other currency permitted by Alipay+
  • Currencies that are agreed in PA
    • Settlement Currency
  • MPP/ACQP Local Currency or Basic Currency supported by Alipay+
  • Currencies that are agreed in PA
    • FX Rate
  • Provided by Alipay+
    • FX Rate Protection Service for Refund
  • Refund uses the exchange rate of the original transaction.
  • FX Rate Protection Fee applies
    • ©  2022 Alipay+
    Alipay+Cashier product- FX Service