Alipay belongs to Alipay (China) Network Technology Co., Ltd., its parent company is Ant Group, and it has business cooperation with Alibaba Group. Alipay mainly provides payment and wealth management services. Including online shopping secured transactions, online payment, transfer, credit card repayment, mobile phone recharge, water, electricity and coal payment, personal finance and many other fields. After entering the field of mobile payment, it provides services for retail department stores, cinema lines, supermarket chains and taxis. It also launched wealth management services such as Yu 'ebao.