Updated September 28, 2026 · VaultCue Editorial Team
Alipay vs Daviplata
Alipay
Daviplata
Higher score in this comparison
What sets them apart
| Compare | AlipayReviewSee alternativesSee alternatives | DaviplataReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | CN¥0 | COP 0 |
| Currencies | 18Higher | 2 |
| Transfer fee | 3% over RMB 200 | COP 0 for consumer transfers; up to COP 3,170 + IVA per transfer for business transfers via Portal Empresarial and Pyme |
| Currency conversion fee | Not confirmed | 0% |
| Free ATM withdrawals | Not confirmed | COP 0 |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Daviplata scores higher overall: 9.1 vs 9.0.
- Currencies is higher at Alipay: 18 vs 2.
- Support channels: only Alipay offers Email.
- Support channels: only Daviplata offers Help centre.
- Audience: only Alipay offers Travelers.
- Audience: only Daviplata offers Expats, Business.
- Features: only Daviplata offers Free ATM.
Our verdict on each
Alipay
Alipay suits travellers who need to pay and send money in China and want a wallet with a monthly fee of CNY 0, taking an overall score of 7.3. Money is held free of charge, but transfers carry 3% over RMB 200 and support runs on email only.
Daviplata
Daviplata suits expats and small businesses in Colombia who want one app for everyday banking and remittances, with a monthly fee of COP 0 and a currency conversion fee of 0%. Transfers land immediate, within minutes, and money comes out to a bank account, cash pickup or wallet.
Score breakdown
| Area | Alipay | Daviplata |
|---|---|---|
| Cost | 9.3Monthly fee of CNY 0 to hold the account, with transfers costed at 3% over RMB 200. | 9.6HigherLow cost: COP 0 monthly, 0% currency conversion fee, COP 0 on a consumer transfer. |
| Offer | 8.9HigherCovers 18 currencies and pays out to a bank or a wallet from a digital only account. | 8.3 |
| Trust | 8.9 | Not confirmed |
How they place
| Ranking | Alipay | Daviplata |
|---|---|---|
| Money transfer services | 244 of 1564 | 193 of 1564 |
| Online banks | 94 of 402 | 71 of 402 |
Every fact side by side
| Fact | Alipay | Daviplata |
|---|---|---|
| Audience | Travelers | Expats, Business |
| Pricing model | No monthly fee | No monthly fee |
| Features | Digital only | Digital only, Free ATMCovers more |
| Legal entity | Alipay (Hangzhou) Technology Co. Ltd | Banco Davivienda S.A. |
| Headquarters | China | Colombia |
| Founded | 2004 | Not confirmed |
| Support channels | Help centre |
Money transfer
| Fact | Alipay | Daviplata |
|---|---|---|
| Delivery time | Within minutes (bank-to-wallet) | immediate, within minutes |
| Payout methods | Bank, Wallet | Bank, Cash pickup, WalletCovers more |
| Fee to send 1,000 | CN¥0 | COP 0 |
Where each stands against the rest
| Fact | Alipay | Daviplata | Median |
|---|---|---|---|
| Currency conversion fee | Not confirmed | 0%below the median | 0.5% |
| Currencies | 18highest quarter | 2lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
Alipay
Pros
- Monthly fee of CNY 0 puts it 1 of 500 brands on this measure.
- Currency reach of 18 sits above the 5 median for multi-currency accounts.
- Payouts reach a bank or a wallet, and bank-to-wallet remittances land within minutes.
Cons
- Transfer charges apply: the quoted transfer fee is 3% over RMB 200.
- Support runs on email only, so a blocked payment has to be chased in writing.
- Currency reach is mid table: 18 currencies ranks 62 of 379.
Daviplata
Pros
- The monthly fee is COP 0, and consumer transfers cost nothing.
- A currency conversion fee of 0%, the lowest of the 312 brands compared.
- Remittances arrive immediate, within minutes, and payouts reach a bank account, cash pickup or wallet.
Cons
- Support runs on help centre only.
- Only 2 currencies are covered, so anyone trading in more may look at Skrill or Plazo ES.
- Business transfers through Portal Empresarial and Pyme carry a fee per transfer plus IVA, unlike consumer transfers at COP 0.
Who each suits
Alipay
Who it suits
- Travellers heading to China who want to pay and send money from a phone.
- Anyone who wants a wallet with a monthly fee of CNY 0 and 18 currencies.
- People already paying in China who also need to receive money from abroad.
Who should look elsewhere
- PayPal Colombia, if a wallet in US dollars suits you better than paying in renminbi, with a monthly fee of $0.
- Skrill, if you would rather hold euros in one account than carry 18 currencies.
- eToro, if you want everyday money on a trading platform, whose monthly fee is £0, rather than a payments wallet.
Daviplata
Who it suits
- Expats in Colombia who want a local account and a remittance wallet in the same app.
- Small businesses that pay and receive through consumer and business transfer routes.
- Readers who want free ATM access and no monthly charge, since the account fee is COP 0.
Who should look elsewhere
- Plazo ES, if you are paid in euros: its monthly fee is €0, and the 2 currencies Daviplata holds may not match your income.
- PayPal Colombia, if a wallet is enough: its monthly fee is $0, while Daviplata adds a bank account and free ATM withdrawals.
- Skrill, if you hold more currencies than the 2 Daviplata covers; its monthly fee is €0, so currency range is the only reason to move.
Country by country
| Country | Alipay | Daviplata |
|---|---|---|
| Colombia | No | Yes |
Questions about each
Alipay
Does Alipay charge a monthly fee?+
The monthly fee is CNY 0, so there is nothing to pay for keeping the account open. That puts Alipay alongside PayPal Colombia, Skrill and eToro, whose monthly fees are $0, €0 and £0.
What does it cost to send or top up money?+
Transfer pricing is where the cost sits. The quoted transfer fee is 3% over RMB 200, and the consumer side fee is CNY 0. Since the account costs nothing to hold, the amount you send matters more than how often you send it, and the threshold is worth checking before a large transfer.
Daviplata
What does it cost to keep a Daviplata account?+
The monthly fee is COP 0, so keeping the account open costs nothing. Consumer transfers are free on the same schedule. Charges appear on the business side: transfers made through Portal Empresarial and Pyme carry a fee per transfer plus IVA, which is the line to read if you pay suppliers through the app.
Does Daviplata charge for currency conversion?+
The currency conversion fee is 0%, the lowest of the 312 brands compared on that measure. It matters most for expats who receive or hold money in another currency. The account covers 2 currencies, so pairs outside that list need another route.
Other options to compare
Related by the facts
Alipay
Daviplata