With the establishment of Shanghai Free Trade Zone, the domestic enthusiasm for private capital to enter the financial market is unprecedented, which also gave birth to the fermentation of the establishment of online banking. As the most likely and practical Alipay, it denied the news that online banking would be established.
Start process:
Alipay is a third-party payment platform launched by Alibaba Group. At first, it was only opened to meet the needs of Taobao, an online shopping mall owned by Alibaba. Then it gradually developed into a multi-faceted and cross-regional third-party payment platform. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services.
It not only ensures the safety of users' online payment from the product, but also allows users to establish mutual trust between networks through Alipay, which is a very meaningful step for establishing a pure Internet environment. This not only laid the payment foundation for the development of e-commerce, but also had a far-reaching impact on the whole trade pattern of China.
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