What payment methods does Alibaba accept?

Alibaba accepts a variety of payment methods to accommodate its global consumer base. These methods include credit cards (Visa, Mastercard, American Express), bank transfers, online banking, and letter of credit (L/C) for bulk orders. Additionally, Alibaba's payment platform, Alipay, serves as a secure online payment service that enables buyers to make payments conveniently and securely. Alipay supports major currencies and offers multiple security measures, such as encryption and fraud protection. It also provides a buyer protection program to ensure peace of mind for purchasers. Furthermore, Alibaba encourages users to verify and authenticate their accounts to enhance security and trustworthiness throughout the platform. By accepting multiple payment methods and leveraging Alipay, Alibaba aims to provide a seamless and secure purchasing experience for its customers worldwide.