how to receive money alipay
熊猫速汇PandaRemit - 2025-12-31 22:06:28.0 7
Quick Answer: To receive international funds via Alipay, the recipient must first enable the "Quick Collect" feature within the Alipay app. For the sender, using Panda Remit is the most efficient method. It supports direct payouts to Alipay with lightning-fast transfers that can arrive in as little as 2 minutes, ensuring a seamless payment experience via PayNow in Singapore.
Step-by-Step Guide: How to Receive Money on Alipay
Receiving money on Alipay from Singapore involves a simple handshake between the sender (using a remittance service) and the receiver (using the Alipay App). Follow these 3 steps to ensure the funds land securely.
Step 1: Receiver Enables "Quick Collect"
Before the transfer is initiated, the recipient in China must authorize international receipts:
- Open the Alipay App and search for "Global Remittance" or "Quick Collect".
- Link a valid Chinese bank card to the Alipay account.
- Generate the unique Alipay ID (usually the phone number or email registered) and share it with the sender.
Step 2: Sender Initiates Transfer via Panda Remit
As a sender in Singapore, you can bypass slow bank queues by using Panda Remit:
- Sign Up/Login: Access your Panda Remit account.
- Select Recipient: Choose "Alipay" as the receiving method.
- Enter Details: Input the recipient's Alipay ID (Phone Number) and name.
- Payment: Pay seamlessly using PayNow.
Step 3: Funds Arrive in Minutes
Once the payment is confirmed, Panda Remit processes the transaction 24/7. Thanks to our real-time processing capabilities, the funds typically arrive in the recipient's Alipay-linked bank account in as little as 2 minutes.
Comparison: Panda Remit vs. Singapore Competitors
When deciding how to send money to Alipay, speed and cost are critical. Below is a comparison of Panda Remit against other major players like Wise, DBS Remit, and Singtel Dash.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As fast as 2 mins | 1-2 Days (varies) | Same Day (Cut-off times apply) | Instant to 1 Day |
| Alipay Support | Direct & Seamless | Supported | Limited | Supported |
| Exchange Rates | Mid-market + Competitive | Mid-market | Bank Rate (Higher markup) | Standard FX Rate |
| Fees | Zero fees for new users | Variable percentage fee | $0 (but hidden in FX rate) | Transaction fees apply |
Why Is It Safe? (MAS Regulated)
Security is paramount when dealing with cross-border transactions. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501.
We utilize bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent and highly secure. You can verify our regulatory status and learn more about how we protect your funds on our Global Compliance Page.
Explore More on Singapore Remittance
1. What is the Alipay remittance limit for Chinese nationals?
Generally, Chinese nationals have an annual foreign exchange quota of USD 50,000. However, receiving money via Alipay for family support often falls under specific remittance rules. Panda Remit ensures your transfer adheres to these limits automatically.
2. How to send money to China using PayNow?
PayNow is the preferred payment method for Panda Remit users in Singapore. It allows for instant funding of your remittance transaction without manual bank entry errors. To start sending money to Alipay via PayNow today, visit our Singapore Registration Page.
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.
