Alipay has transformed how we make payments both domestically and globally as a global leader in mobile payment and digital wallet services. It has grown to be a well-liked payment alternative for companies looking to pay suppliers with more than 1 billion users in more than 110 countries.
In this article, we will show you How to pay supplier with Alipay and specifically how to pay suppliers on 1688, the largest wholesale marketplace in China.
Step 1: Create an Alipay Account
The first step is to open an Alipay account if you don't already have one. Visit the Alipay website or get the Alipay app from the ITunes Store or Google Play Store to do this. A valid email address and your personal information are required to finish the registration procedure.
Step 2: Link your Bank Account to Alipay
You must link your bank account to your Alipay account in order to use Alipay for payments. You can do this to transfer money from your bank account to your Alipay account, and then from there to your supplier.
Go to the "My Account" area of your Alipay account, choose "Bank Cards," and then follow the on-screen instructions to enter your bank account information to link your bank account. The majority of the world's top banks, including those in China, the US, and the UK, are supported by Alipay
Step 3: Add Funds to Your Alipay Account
You will need to add money to your Alipay account after you have connected your bank account. To do this, send money to your Alipay account from your bank account. To do this, go to your Alipay account's "My Account" section and click "Top Up." To transfer money from your bank account to your Alipay account, follow the on-screen instructions.
Step 4: Find your Supplier on 1688
China's largest wholesale bazaar is called 1688. Visit the 1688 website and conduct a product search to identify your supplier. Once you've identified your provider, get in touch with them to discuss the conditions and pricing of your purchase.
Step 5: Confirm your Order
Your supplier will send you an invoice after the conditions and price of your purchase have been agreed upon. The exact amount due as well as the supplier's bank account information will be listed on this invoice.
Before sending payment, it's crucial to carefully review the invoice to make sure all the information is accurate. Before completing a payment, you should speak with your supplier if you have any questions or concerns.
Step 6: Pay Your Supplier with Alipay
You must transfer money from your Alipay account to your supplier's bank account in order to pay your supplier with Alipay.
To do this, go to your Alipay account's "Transfer" section and choose "Bank Transfer." Enter the amount you want to transfer, as well as your supplier's bank account details. To finish the transfer, adhere to the instructions.
Step 7: Confirm Your Payment
It's crucial to verify with your supplier that they have received your payment once you make it. By doing this, you can be sure that your order will be processed quickly.
Sending a screenshot of the payment confirmation page from your Alipay account—which includes the transaction ID and other information—to your supplier will enable you to achieve this.
Alipay Without Passport
With some restrictions, you can still use Alipay to make payments if you don't have a passport.
You can only transfer up to 10,000 yuan (about $1,550 USD) per year and 2,000 yuan (about $310 USD) per day without a passport. Also, you won't be able to use some of Alipay's more sophisticated capabilities, like purchasing specific goods or sending money internationally.
You will need to utilize other types of identification, such as a national ID card or a driver's license, to prove your identity in order to use Alipay without a passport.
In the "My Account" area of your Alipay account, choose "Identity Verification," and then follow the on-screen instructions to provide your identification information.
After your identification has been confirmed, you can use Alipay to make purchases with the aforementioned restrictions.
In conclusion How to pay supplier with Alipay
Using Alipay to pay your supplier is an easy and practical way to conduct business transactions, especially if you are working with Chinese providers. You can quickly transfer money from your Alipay account to your supplier's bank account by following these procedures, resulting in a speedy and safe payment process.
It's vital to keep in mind while making payments that there are some restrictions on using Alipay if you don't have a passport. As always, it's crucial to double-check every aspect of your order and payment before submitting the money in order to prevent any problems or disagreements.
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