# Alipay

> Alipay is Ant Group’s digital payment and everyday-services platform. Born from an escrow service for Taobao shoppers, it combines merchant payments, bills, transport and partner services in one app; Ant described its reach as one billion users in June 2026.

- **Founded:** 2004
- **Headquarters:** Hangzhou, China
- **Founders:** Jack Ma (Alibaba founder; founding figure behind Alipay)
- **Products:** Alipay app, Escrow payments, Yu’e Bao, Ant Forest, Alipay Open Platform
- **Notable:** One billion users cited by Ant Group in June 2026., More than 100 million Alipay Tap! users reported in April 2025., Ant Forest received UNEP’s 2019 Champions of the Earth award in Inspiration and Action.

## Products & services

- **Alipay app** — Mobile payments and access to bills, transport, shopping and partner everyday services.
- **Escrow payments** — Holds a buyer’s payment pending confirmation of receipt, addressing distrust in online commerce.
- **Yu’e Bao** — Access to partner money-market investment products for eligible users; it is an investment, not a guaranteed bank deposit.
- **Ant Forest** — Rewards lower-carbon daily actions with virtual energy linked to real planting and conservation projects.
- **Alipay Open Platform** — Merchant and developer payment integrations, SDKs and mini-program capabilities.
- **Alipay Tap!** — Contactless interaction with merchant terminals or tags, simplifying checkout and membership engagement.
- **Ah Bao AI agent** — Conversational interface to find and execute everyday-service tasks.
- **AI payment services** — Agent-oriented payment infrastructure, including AI wallet and Token Pay services announced in May 2026.

## Achievements

- One billion users cited by Ant Group in June 2026.
- More than 100 million Alipay Tap! users reported in April 2025.
- Ant Forest received UNEP’s 2019 Champions of the Earth award in Inspiration and Action.
- Alipay’s China merchant network was described as exceeding 80 million in March 2025.

## Latest updates

- **2026-06** — Alipay launches an Ah Bao AI agent interface for finding and executing everyday services.
- **2026-05** — Alipay announces AI wallet and Token Pay services and reports 300 million AI-agent payment transactions.
- **2026-05** — Related network Alipay+ enables the China-Indonesia cross-border QR linkage alongside UnionPay International; this is Ant International activity.

## Links

- Website: https://alipay.com
- LinkedIn: https://www.linkedin.com/company/alipay
- Twitter/X: https://twitter.com/alipay
- GitHub: https://github.com/alipay
- YouTube: https://www.youtube.com/@AlipayGlobal
- Instagram: https://www.instagram.com/alipay/
- Facebook: https://www.facebook.com/alipayglobal/

---

Profile page: https://yespress.io/alipay
Published by YesPress — https://yespress.io
Last updated: 2026-10-08