Yes, Alipay was developed by Alibaba. Since Alipay was founded in 2004, it is an electronic payment company under Alibaba Group. It provides users with safe, fast and convenient transaction and financial services, and has become one of the most popular third-party payment platforms in China. Alipay has also become an important part of the ecosystem under Alibaba Group, providing payment and settlement services for the entire Alibaba Group's business. In addition, Alibaba has also entered into e-commerce, logistics, cloud computing and other fields, building a complete ecosystem. The mutual cooperation of these businesses also provides support and guarantee for the development of Alipay.

Yes

Alipay is a credit intermediary tool that Alibaba provides users with online transaction security. It is a third-party payment platform and does not belong to Alibaba.

Alipay's parent company is Zhejiang Ant Financial, which is actually two independent companies from Alibaba Group. Although Jack Ma is a shareholder of Ant Financial and an executive of Alibaba Group, Alibaba Group and Zhejiang Ant Financial have no direct connection in law.

Yes

Alipay (China) Network Technology Co., Ltd. is a leading independent third-party payment platform in China and an affiliate of Alibaba Group. Alipay is committed to providing "simple, secure and fast" online payment solutions for Chinese e-commerce. Since its establishment in 2004, Alipay has always taken "trust" as the core of its products and services.

Alipay belongs to Alibaba

Alipay (China) Network Technology Co., Ltd. is a third-party payment platform in China.

Alipay was established in 2004. It has "Alipay" and "Alipay Wallet".

From April 1, 2018, Alipay static barcode payment has a daily limit of 500 yuan.

From March 26, 2019, a service fee will be charged for credit card repayments through Alipay.

Alipay is a product of Alibaba Group (Cayman Islands Company). At the same time, Alibaba (Cayman Islands Company) controlled Ali Micro Finance in China through a VIE structure agreement, and Ali Micro Finance is a purely domestic company.

In 2010, the central bank issued the "Administrative Measures for Payment Services of Non-financial Institutions", which requires companies engaged in third-party payment to apply for a license from the central bank, and the applicant must be a "limited liability company or joint stock company established in accordance with the law in China". Although foreign-funded enterprises can also apply for a license, considering that national consumption and income information are related to national security, it is much more difficult for foreign-funded enterprises to apply for a payment business license.