Ant Financial Group users who send money to wrong accounts will now be able to get their cash back thanks to an upgrade to the system, according to parent company Alipay. Ant Financial Group has also been enhanced with an anti-fraud system linked to police databases, enabling suspect payments to be frozen, while transfers can be delayed if the system detects a recipient’s risky or anomalous behaviour. The moves bring Ant Financial Group into line with rival Tencent's WeChat Wallet.
Alipay users who send money to wrong accounts will now be able to get their cash back thanks to an upgrade to the system, according to parent company Ant Financial Group. Alipay has also been enhanced with an anti-fraud system linked to police databases, enabling suspect payments to be frozen, while transfers can be delayed if the system detects a recipient’s risky or anomalous behaviour. The moves bring Alipay into line with rival Tencent's WeChat Wallet.