Alipay has become a global leader in digital payments, serving millions of users worldwide. Whether you're a merchant integrating Alipay or a traveler using it abroad, understanding the essential English terms related to Alipay payments can enhance your experience. This guide covers the most important vocabulary, helping you navigate transactions smoothly.
Core Alipay Payment Terms
- Alipay Account (支付宝账户) – The digital wallet where users store funds and manage transactions.
- QR Code Payment (二维码支付) – A scan-based payment method where merchants display a QR code for customers to scan.
- Mobile Payment (移动支付) – Transactions completed via smartphones, including Alipay.
- Balance (余额) – The amount of money available in an Alipay account.
- Top-Up (充值) – Adding funds to an Alipay account via bank transfer or other methods.
- Transfer (转账) – Sending money to another Alipay user.
- Bill Payment (账单支付) – Settling utility bills, phone recharges, or other services.
- Merchant (商户) – A business that accepts Alipay as a payment method.
- Transaction Record (交易记录) – A log of all payments and receipts.
- Refund (退款) – Returning money to a customer after a canceled or disputed transaction.
Security and Verification Terms
- Two-Factor Authentication (双重验证) – An extra security layer requiring a code or biometric confirmation.
- Facial Recognition (人脸识别) – A biometric login method using face scans.
- SMS Verification (短信验证) – A code sent via text message to confirm transactions.
- Payment Password (支付密码) – A secure PIN required for completing payments.
- Fraud Prevention (防欺诈) – Measures to protect users from scams.
International Payment Terms
- Cross-Border Payment (跨境支付) – Transactions between users in different countries.
- Exchange Rate (汇率) – The conversion rate between currencies in international transactions.
- Alipay+ (支付宝+) – A global partnership expanding Alipay’s reach to more merchants.
- Tour Pass (国际版支付宝) – A feature allowing short-term visitors to use Alipay without a Chinese bank account.
Business and Merchant Terms
- Alipay Partner (支付宝合作伙伴) – Companies authorized to integrate Alipay services.
- Settlement (结算) – The process of transferring funds from transactions to a merchant’s account.
- Service Fee (服务费) – Charges applied to certain transactions.
- Point of Sale (POS) (销售终端) – Physical or digital systems where payments are processed.
Troubleshooting Terms
- Failed Payment (支付失败) – A transaction that didn’t go through.
- Pending Transaction (待处理交易) – A payment awaiting confirmation.
- Customer Support (客服支持) – Assistance for resolving payment issues.
Mastering these terms ensures smoother transactions, whether you're paying, receiving money, or managing a business. Alipay’s global expansion makes these words increasingly relevant for users and merchants alike.
As digital payments evolve, staying informed about key terminology helps avoid misunderstandings and enhances financial security. Whether you're a frequent traveler or an online seller, knowing these terms makes Alipay more accessible and efficient.
