Can Alipay be transferred to a corporate account?
Alipay cannot be transferred to the corporate bank account, but it can be transferred to the corporate Alipay account. If the user transfers money to the corporate bank account through Alipay, "Transfer Failed" will be displayed, and the bank will return the transferred funds to the user. Users can transfer money into their Alipay account by "transferring money to Alipay account". Company accounts include basic account, accounts, temporary accounts and special accounts. The central bank stipulates that China enterprises can only open one basic account, but they can open multiple accounts. Alipay, a subsidiary of Ant Technology Group Co., Ltd., was established in 2004. After 19 years of development, it is an open platform for domestic third-party payment, which is mainly operated by Alipay (China) Network Technology Co., Ltd. and Alipay (Hangzhou) Information Technology Co., Ltd., providing products and service interfaces for digital service providers and helping businesses to operate digitally. More than 3 million small businesses have settled in Alipay app, providing consumers with more than 1000 government services, code scanning payment and other life services.