Section 1 Short title
This Act may be cited as the “No Alipay Act of 2023”.
No Alipay Act of 2023
A BILL
To prohibit any transactions using Alipay in the United States.
Sec. 2 Prohibition on use of Alipay
No financial transactions between AliPay (China) Internet Technology Company Limited (referred to in this Act as “AliPay”) and a United States person are permitted, including the use of any application or payment processing services operated by Alipay.
Sec. 3 Definitions
In this Act:
The term United States person means—
a national of the United States;
an alien lawfully admitted for permanent residence;
an entity organized under the laws of the United States or under the laws of any jurisdiction within the United States (including a foreign branch of such an entity); or
an individual who is physically present in the United States.
The term financial transaction means—
a transaction which in any way or degree affects interstate or foreign commerce—
involving the movement of funds by wire or other means; or
involving one or more monetary instruments; or
a transaction involving the use of a financial institution which is engaged in, or the activities of which affect, interstate or foreign commerce in any way or degree.