Aleta Planet enables Merchants to collect payments for their goods and services from both companies and individuals, as long as the payor has a UnionPay Card or a Chinese Internet Banking Account.
No. The payor need not be registered with Aleta Planet to make payments.
Yes. The Merchant can request Aleta Planet to increase their transaction limit, subject to approval.
The card limit is dependent on the payor’s card limit with their bank. You may wish to contact your bank to check on your card limits.
Generally, payments through internet banking allows the client a much higher transaction limit as compared to card payment. This is because the 2FA through internet banking tokens are deemed more secure by the banks.
Exact transaction limit is still depending on the payor’s arrangement with their bank.
The limit for e-debit via Internet Banking is dependent on the client’s e-banking arrangements with their Banks, maximum up to 10,000,000 CNY (or equivalent in other currencies).
Aleta Planet will be launching a new business with UnionPay Money Express soon. Through the Money Express platform, Chinese nationals staying overseas can conveniently remit their salaries to the UnionPay accounts of their families and friends in China almost instantly.
Aleta Planet abides by the strict rules and regulations of UnionPay International in regards to exchange rates and uses the exchange rates that UnionPay charges at the point of transaction. You can refer to the Exchange Rate Query on UnionPay’s website here or contact UnionPay International for reference.
Please note that the exchange rates displayed here may not synchronize with the exchange rates in UnionPay System.
UnionPay Cardholders may consult with the Issuers for more information on exchange rates.
*The above information is for reference only.