How to open Alipay account
熊猫速汇PandaRemit - 2025-12-31 22:01:30.0 7
To open an Alipay account, simply download the Alipay app, sign up with your international mobile number, and complete the real-name verification using your passport. Once your account is active, receiving money is effortless. Panda Remit supports direct payouts to Alipay, ensuring funds arrive in as little as 2 minutes while offering seamless payment options like PayNow for Singapore users.
Step-by-Step Guide: How to Open and Verify Your Alipay Account
Whether you are a Singaporean expat or a business traveler, setting up Alipay is essential for financial connectivity with China. Follow this 1-2-3 guide to get started:
- Download and Register: Install the Alipay app from the Apple App Store or Google Play Store. Open the app, select your country code (e.g., +65 for Singapore), and enter your mobile number to receive an SMS verification code.
- Identity Verification (Real-Name Auth): Navigate to 'Account' > 'Settings' > 'Identity Verification'. As an international user, you will need to scan your passport and complete a facial recognition scan. This step is mandatory to unlock receiving and payment functions.
- Link a Funding Source or Receive Funds: You can link an international credit card (Visa/Mastercard) for spending. However, to hold a balance or receive remittances from Singapore, you need a reliable remittance partner like Panda Remit to transfer funds directly into your Alipay wallet.
Why Use Panda Remit to Fund Your Alipay Account?
Once your Alipay account is open, the most efficient way to transfer money from Singapore to China is through Panda Remit. We are a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. Our platform utilizes bank-grade SSL encryption to ensure your transaction is secure.
Unlike traditional banks that may take days to process cross-border transfers, Panda Remit leverages a digital-first network to offer competitive exchange rates and rapid processing.
Comparison: Panda Remit vs. Singapore Competitors
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Speed | As little as 2 minutes (24/7 Real-time) | Varies (Minutes to 2 Days) | 1-3 Working Days | Instant to Minutes |
| Payout Method | Direct to Alipay, WeChat, Bank Cards | Alipay, WeChat, Bank | Bank Account Only | Mobile Wallet |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
| Cost Efficiency | Zero hidden fees & New User Offer | Mid-market rate + Variable Fee | FX markup + Cable charges | FX markup included |
Explore More on Singapore Remittance
If you are looking to optimize your cross-border finances further, consider exploring these related topics:
- How to top up Alipay Singapore: Learn the specific mechanics of using PayNow to fund your transfers instantly.
- Send money to China from Singapore: Discover the best times to remit funds to maximize exchange rate value.
Ready to start sending? Experience a faster, safer way to remit money. Register with Panda Remit Singapore today to enjoy exclusive new user benefits.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
