One of the pros and cons of Alipay
Benefits: In Taobao, buy goods, the payment first by Alipay to keep, after receiving the goods satisfied and then pay the seller, safe and reliable. Online payment instead of bank remittance is convenient and simple. After successful payment, the seller will ship the goods immediately, fast and efficient. Transaction fee is free and economical, you need to pay the fee when you send money to the bank. Transaction fees are free and economical, and you need to pay a fee when you send money to the bank. Clear accounts and transaction management clearly record the details of each transaction, saving your time and money. Disadvantages: legal protection, China's network law legislation is not perfect, payment security is not guaranteed. Security problems faced by AlipayAlipay provides services similar to online banking provided by specialized banks, which can be the object of counterfeiting and attack.
Two, the scope of business
Internet payment, cell phone payment, bank card acquiring, prepaid card issuance and acceptance (only online real-name payment account top-up); the second category of value-added telecommunications services in the information services (limited to Internet information services); excluding news, publishing, education, health care, pharmaceuticals and medical devices, culture, broadcasting, film and television programs, and electronic announcements of information services; call center business and information service business (excluding fixed-line telephone information service and Internet information service), design, development and maintenance of computer software, hardware, multimedia and network systems, as well as related computer technology consulting, technical services, transfer of technological achievements and technology applications, economic information consulting (except brokerage); sales of software products developed by the Company; design, production and publication of domestic advertising.
While Alipay has a good credit brokerage function, the buyer's ability to control the money is largely lost after the user pays for the purchased item. In the event of a dispute, the buyer only has the right to apply for a refund, while the seller is the main controller of the right to the funds, and the buyer's claim can only be resolved through judicial channels.