Alipayhk vs C24: Compare on Fees, Features & Benefits

In today's fast-paced world, choosing the right payment solution can be a daunting task. Whether you're a business owner or an individual, you might be reconsidering your options between AlipayHK and C24. This article aims to provide a comprehensive overview of both platforms, comparing their prices and features to help you make an informed decision.

A quick overview on Alipayhk and C24

What is Alipayhk?

AlipayHK is a digital wallet service that facilitates a variety of transactions, including in-store and online purchases, peer-to-peer transfers, bill payments, and public transportation fare payments. Users can link their bank accounts or credit cards to the app, enabling seamless payments through QR code scanning.

Unique features of AlipayHK include the EasyGo solution for rapid QR code payments in public transport and a rewards program called A. Point, where users earn points redeemable for cash discounts or vouchers. Common use cases include daily shopping, public transport payments, and cross-border transactions in regions like mainland China, Japan, and Singapore.

What is C24?

C24 Bank is a German financial institution offering a range of digital banking services. It provides customers with free worldwide payments in real-time, a complimentary C24 Master- and girocard, and 0.5% interest per annum on all accounts. Unique features include sub-accounts with individual IBANs, financial analyses, budgeting tools, and savings potential identification.

Pricing of Alipayhk and C24

AlipayHK offers free local transfers when using the wallet balance, but fees may apply for credit card-funded payments depending on the user's account verification status. For international remittances, such as sending money to the Philippines, AlipayHK charges a fee, and the exchange rates applied may include a markup. Detailed pricing for all services is not publicly listed, requiring users to consult the app or customer support for specific fee information.

C24 Bank provides three account models: C24 Smart, which is free; C24 Plus, costing €5.90 per month; and C24 Max, priced at €9.90 per month. Each account includes free worldwide payments, with varying levels of cashback, free sub-accounts, virtual cards, and free withdrawals. All accounts also offer free cash deposits and additional protections. C24 Bank's pricing structure is more transparent and detailed compared to AlipayHK.

Overall, C24 Bank has a clearer and more detailed pricing structure than AlipayHK.

Features of Alipayhk and C24

Alipayhk features

AlipayHK is a digital wallet service launched in Hong Kong in 2017 as a joint venture between Ant Financial and CK Hutchison. It offers a comprehensive mobile payment platform that allows users to perform a variety of transactions, including in-store and online purchases, peer-to-peer transfers, bill payments, and public transportation fare payments. One of its unique features is the EasyGo solution, which enables rapid QR code payments for public transport, completing transactions in as little as 0.3 seconds. Additionally, AlipayHK supports cross-border payments, allowing users to make transactions in regions such as mainland China, Japan, and Singapore. The platform also integrates a rewards program called A. Point, where users earn points that can be redeemed for cash discounts or vouchers.

AlipayHK functions as a digital wallet, providing a mobile payment solution that facilitates cashless transactions through QR code scanning. Users can link their bank accounts or credit cards to the app, enabling seamless payments both online and offline. The platform supports various payment methods, including wallet balance, credit cards, and bank accounts, catering to a wide range of user preferences.

AlipayHK is widely used for everyday transactions such as shopping at retail outlets, dining at restaurants, and paying for public transportation. Its key strengths include a vast user base, with over 3.3 million active users, and acceptance at over 100,000 physical and online stores in Hong Kong. The platform's integration with public transport systems through the EasyGo feature enhances its utility for daily commuting. However, a limitation is that while AlipayHK supports cross-border payments, its international remittance services are currently limited to specific regions and currencies, which may restrict its use for certain international transactions.

AlipayHK offers free local transfers when using the wallet balance. However, when funding payments with a credit card, fees may apply depending on the user's account verification status. For international remittances, such as sending money to the Philippines, AlipayHK charges a fee, and the exchange rates applied may include a markup. The platform does not publicly list detailed pricing for all services, so users may need to consult the app or contact customer support for specific fee information.

Alipay, the parent company of AlipayHK, has a Trustpilot rating of 1.8 out of 5, based on 89 reviews. Positive feedback highlights the convenience and speed of transactions, as well as the platform's integration with various services. Negative reviews commonly mention difficulties with identity verification, limited customer support, and challenges in resolving disputes. It's important to note that these reviews pertain to Alipay as a whole and may not specifically reflect the user experience of AlipayHK.

AlipayHK offers several unique features that cater to a wide range of consumer needs:

EasyGo Solution: Enables rapid QR code payments for public transport, completing transactions in as little as 0.3 seconds.
Cross-Border Payments: Supports transactions in regions such as mainland China, Japan, and Singapore.
A. Point Rewards Program: Allows users to earn points that can be redeemed for cash discounts or vouchers.
Multiple Payment Methods: Supports wallet balance, credit cards, and bank accounts for seamless transactions.
Vast Acceptance Network: Accepted at over 100,000 physical and online stores in Hong Kong.

C24 features

C24 Bank offers several unique features that cater to a wide range of consumer needs:

Free Worldwide Payments: Allows users to make payments globally without incurring additional fees.
Real-Time Transfers: Enables instant money transfers, ensuring quick and efficient transactions.
Sub-Accounts with Individual IBANs: Provides the ability to create multiple sub-accounts, each with its own IBAN, for better financial management.
Financial Analyses and Budgeting Tools: Offers tools to help users analyze their spending and create budgets.
High-Security Standards: Emphasizes security with a German banking license and deposit protection up to €100,000.

Comparing Alipayhk, C24 and OneSafe

Why choose one over the other?

Why Choose AlipayHK Over C24: AlipayHK is ideal for users who frequently engage in daily transactions such as shopping, dining, and commuting within Hong Kong. Its EasyGo solution for rapid QR code payments in public transport and extensive acceptance at over 100,000 stores make it a convenient choice for local use. Additionally, the A. Point rewards program offers tangible benefits like cash discounts and vouchers, enhancing the overall user experience.
Why Choose C24 Over AlipayHK: C24 Bank is better suited for individuals seeking a comprehensive digital banking experience with global reach. It offers free worldwide payments, real-time transfers, and the ability to create multiple sub-accounts with unique IBANs for better financial management. The platform's financial analyses and budgeting tools provide added value for users looking to manage their finances more effectively.

Considering OneSafe vs Alipayhk and C24

Why Choose OneSafe Over AlipayHK and C24: OneSafe is uniquely designed for businesses operating in the Web3 and crypto sectors, offering seamless USD to USDC conversion on Polygon for instant, borderless transactions. Its end-to-end expense and payroll management, combined with exceptional customer support, make it an optimal choice for companies needing reliable, adaptive banking solutions.

What are the customers saying?

Alipayhk reviews

Users generally report difficulties with identity verification, limited customer support, and challenges in resolving disputes. Many reviews highlight issues with the verification process and the need to provide sensitive personal information. Additionally, users often mention that customer support is unhelpful and that disputes are frequently closed without proper resolution. Check out more AlipayHK reviews here.

C24 reviews

C24 Bank offers digital payment solutions through its mobile banking platform, enabling users to conduct transactions via the C24 Mastercard and girocard. The service supports contactless and mobile payments, real-time transfers, and provides virtual cards for online purchases.

C24 Bank's services cater to individuals seeking a comprehensive digital banking experience. Key strengths include free worldwide payments, real-time transaction capabilities, and the ability to create multiple sub-accounts with unique IBANs for better financial management. The platform also offers financial analyses and budgeting tools. Limitations may include the need for a stable internet connection for mobile banking and potential fees associated with exceeding the number of free withdrawals or deposits, depending on the chosen account model.

C24 Bank offers three account models:

C24 Smart: Free of charge, includes a standard-colored Mastercard, 0.05% cashback, four free sub-accounts (Pockets), one free virtual card, and four free withdrawals per month.
C24 Plus: €5.90 per month, offers a Mastercard in a choice of colors, 0.5% cashback (up to €12/month), 20 free Pockets, 20 free virtual cards, and 20 free withdrawals per month.
C24 Max: €9.90 per month, provides a metal Mastercard in a choice of colors, 1% cashback (up to €24/month), 20 free Pockets, 20 free virtual cards, and 20 free withdrawals per month.

All accounts include free cash deposits, ARAG account and purchase protection, and membership in the CHECK24 Reisegoldclub.

Users generally report issues with customer service responsiveness, hidden fees, account closures, and unauthorized transactions. Check out more C24 reviews here.

OneSafe reviews

Users have consistently praised OneSafe for its exceptional customer support, ease of payroll processing, and the platform's ability to simplify complex banking tasks for Web3 companies. The seamless USD to USDC conversion on Polygon and end-to-end expense and payroll management are standout features that have garnered positive feedback from businesses operating in the digital asset space.

Here are some of the sentiments shared by our satisfied customers:

“OneSafe has the best customer support I've ever experienced from a bank.” - Amit Chu, Investments @ Celo Foundation
“OneSafe is a game-changer. They solve so many headaches for our company. Finally a banking solution that gets it.” - Marco, CEO of Ensuro

Want to learn more? Check us out here.

Alipayhk, C24, or OneSafe: Which is the best platform for you?

In conclusion, whether you choose AlipayHK, C24 Bank, or OneSafe, each platform offers unique features tailored to different needs. AlipayHK is perfect for daily transactions within Hong Kong, while C24 Bank provides a comprehensive digital banking experience with global reach. However, for businesses operating in the Web3 and crypto sectors, we highly recommend OneSafe for its seamless USD to USDC conversion, end-to-end expense management, and exceptional customer support. Explore more about OneSafe and see how it can simplify your financial operations.

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