One; Secret-free and visa-free payment means that small payments can be completed without passwords and consumer signatures. Internationally, small secret-free visa-free payment is a mature payment method, which is also widely used in the domestic mobile payment field. Alipay, WeChat and other payment tools all have this function, which is the basic function of bank card opening by default.
Second; Alipay's "payment code" function is turned on by default, and there is no need to verify the payment password. Every order less than or equal to 1000 yuan can be "paid without confidentiality". It is also stated in the WeChat payment user service agreement that when the payment code is used to pay the consumption below 1 0,000 yuan (3,000 yuan for a specific merchant), the "confidential payment" transaction can be used.
Third; If consumers don't want to use the small secret visa-free payment function, they can also turn it off at any time. Debit cards and credit cards issued by bank outlets to consumers are basically enabled with the functions of small secret exemption, visa exemption and "flash payment" by default. If consumers want to turn off this function, they can call the customer service of the issuing bank to turn it off, or go to a bank outlet to handle it. To turn off this function, the cardholder only needs to apply to the bank card issuer.
Fourth; Alipay (China) Network Technology Co., Ltd., established in 2004, is a domestic third-party payment platform, and is committed to providing "simple, safe, fast and convenient" payment solutions for enterprises and individuals. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.
Five; Alipay has established strategic cooperative relations with more than 80 banks at home and abroad, as well as institutions such as VISA and MasterCard, and has become the most trusted partner of financial institutions in the field of electronic payment. In February 2020, Bank of Nepal issued a license to Alipay. In July, Alipay was selected into the list of excellent programs for blockchain warfare "epidemic". In June of 5438+00, Alipay launched the "late payment fee" function. Alipay borrowed it and changed it into a credit loan.