Does AliExpress Support UnionPay Payment? Does the Receiving Account Have to Be a Legal Person's Account?

Does AliExpress Support UnionPay Payments? Must the Receiving Account Use a Legal Person's Account?

Recently, the AliExpress platform has attracted widespread attention, particularly regarding its payment methods and the use of receiving accounts. Many sellers and buyers are discussing these issues because they directly affect their transaction processes. This article will delve into these two questions and analyze them in conjunction with recent news.

Firstly, regarding whether AliExpress supports UnionPay payments. Based on our understanding, the AliExpress platform currently does indeed support using UnionPay cards for payment. This means that both sellers and buyers now have more payment options, no longer limited to traditional credit card or PayPal payment methods. This change undoubtedly provides greater convenience for merchants and consumers alike, aligning with the current market demand for convenient and fast payment methods. However, we must also be aware that UnionPay payments may have certain limitations in some specific markets, so sellers should conduct thorough research before using it.

Next is the question of whether the receiving account must use a legal person's account. According to AliExpress policy, the receiving account does not necessarily have to be a legal person’s account. Instead, AliExpress encourages sellers to use personal accounts for receiving payments, which can reduce operating costs and improve efficiency. However, we must also recognize that there may be certain risks associated with receiving payments through a personal account. If account information is leaked or misused, it could result in financial losses for the seller. When choosing an account, sellers should select secure and reliable platforms and banks and ensure the confidentiality of account information.

Recent news shows that some internationally renowned banks are beginning to cooperate with AliExpress, providing more convenient personal payment services. Through this cooperation, these banks will further enhance transaction security and offer sellers more stable and reliable channels for receiving payments. Some banks have also introduced tailored services for different markets to meet the needs of various sellers.

In summary, the AliExpress platform supports UnionPay payments, and the receiving account does not necessarily need to be a legal person's account. To reduce risks and improve efficiency, sellers should choose secure and reliable platforms and banks and ensure the confidentiality of account information. At the same time, we should also pay attention to market trends and promptly understand new policies and preferential measures to better adapt to market changes and achieve success.

In the future development of the platform, there are many opportunities waiting for those who are willing to explore. Whether optimizing products, enhancing service quality, or discovering new market opportunities, we need to continuously follow industry dynamics and actively explore innovation. We hope this analysis can provide some assistance and inspiration for your transactions on AliExpress. If you have any questions or need further discussion, feel free to ask at any time.