What is the difference between UnionPay and Alipay?

Difference: 1. When paying with Cloud QuickPass, you only need to light up the phone screen and approach the POS terminal with the QuickPass logo; while when paying with Alipay, you need to open the app. Show the payment code to the merchant for scanning. 2. When paying with Cloud QuickPass, you must go to a store with a POS machine with the QuickPass logo to make purchases; when paying with Alipay, you can usually choose any merchant. 3. There is a balance display in Alipay, but Union Quick Pass does not have its own balance. Payments are made directly with the money in the bank card. 4. You do not need to be connected to the Internet to pay with Cloud QuickPass, but you must be connected to the Internet to pay with Alipay.

The operating environment of this tutorial: HarmonyOS 2 system, HONOR V30 mobile phone.

Nowadays, most people are not used to carrying cash when they go out, because mobile phone quick payment has become the mainstream payment method for people, and the most commonly used one is Alipay's scan code payment. However, UnionPay has joined forces with major commercial banks to introduce UnionPay Cloud QuickPass, which allows payments to be made through mobile phones instead of bank cards. So which one is better, Alipay or UnionPay Cloud QuickPass, and what are their differences? Today I will analyze this issue from four aspects. Let’s read on.

The difference between Cloud QuickPass and Alipay

1. Different payment methods

Use Cloud When paying with Quick Pass, you only need to light up the screen of your mobile phone and approach the POS terminal with the Quick Pass logo to complete the payment. When paying with Alipay, you need to open the app and show the payment code for the merchant to scan. Relatively speaking, Cloud Quick Pass payment is slightly faster.

2. Different supported merchants

When using Cloud QuickPass to pay, you must go to a store with a POS machine with the QuickPass logo to make purchases. When using Alipay to pay, you can usually choose any merchant.

Note: Nowadays, most merchants have opened payment codes through Alipay’s red envelope code activities, and can use Alipay to pay. Therefore, there are far more merchants that support payment with Alipay than those that support Quick Pass.

3. Different balances

An important reason why people like to put money in Alipay is that Yu’e Bao can generate expected returns and earn interest. However, UnionPay Cloud QuickPass does not have its own balance, and payments and receipts are made directly with the money in the bank card.

4. Network issues

You do not need to be connected to the Internet when using UnionPay Cloud QuickPass to pay. You must be connected to the Internet to pay with Alipay. , but now that there is wireless coverage everywhere, whether you need to be connected to the Internet will not affect your choice of payment method.

Expand knowledge:

Currently, UnionPay APP, UnionPay Mobile QuickPass and UnionPay QR code payment are the three major mobile payment products of UnionPay. In terms of security, Cloud QuickPass products apply security technology, improve business processing rules, introduce mechanisms such as risk compensation and advance payment, and provide 72-hour card loss protection services. In the event of individual unexpected risk events, users' capital loss problems can be quickly resolved. , to protect the legitimate rights and interests of users.

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