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Alipay is a popular online wallet in China that allows people to make payments with just a single tap on their phone. In this guide, we will explain how merchants can generate a QR code to receive payments and how buyers can pay through Alipay.
In order to use Alipay's QR code payment system, you need to create a merchant account with them. This process requires that you provide some basic information about your business, such as your name, address, and contact details. Once you have registered, Alipay will verify your account and you can start generating QR codes.
After registering your merchant account, you can now create a QR code that customers can scan to make payments. Alipay allows you to choose the amount to charge, and you can customize the QR code to include information such as your business name and the product or service for which you are being paid.
Once you have generated your QR code, you need to display it to your customers so that they can scan it and make payments. You can print out the QR code and display it at your checkout counter, or you can include it in your online store.
Customers can simply scan the QR code with their Alipay app, enter the amount they want to pay, and confirm the transaction. The funds are then transferred from the customer's Alipay account to your merchant account. Alipay charges a fee of 0.38% for each transaction, but there is no minimum charge. However, please note that Alipay only supports transactions within China and does not accept international payments.
Alipay's QR code payment system makes it easy for merchants to receive payments and for customers to pay for their purchases. With just a few simple steps, you can start using Alipay to accept electronic payments from your customers. If you're looking to reduce your transaction fees, you can also consider using Guangliyun's QR code payment system which offers rates as low as 0.2% for businesses. Contact Guangliyun customer service for more details.
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