Term | Definition |
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AliPay |
AliPay is one of the world's largest payment platforms, serving customers primarily in China and the broader Asia-Pacific region. Unlike most payment platforms, AliPay holds funds in escrow for seven days after a transaction is made before transferring them to the merchant. If the customer reports an issue with their purchase, the funds are held until the dispute is resolved, and may be returned to the customer if necessary. Read more >>> |