Alipay offers free insurance protection to increase user confidence

Alipay, the China’s online payment provider on Wednesday announced that its users will receive free insurance to protect them while using Alipay Express Checkout service to pay for online purchases, reports Sina Tech. If the users’ fund confirmed was stolen while paying online using Alipay Express Checkout, they will be compensated 100 per cent on the losses encountered by China’s Ping An insurance company.