No Alipay Act of 2025

HR 1730, the No Alipay Act of 2025, bans U.S. persons from using Alipay's payment services for any financial transactions. It directly affects U.S. citizens, legal residents, U.S.-based businesses, and anyone physically in the U.S., prohibiting them from engaging in transactions involving Alipay's money transfer or payment processing services. The bill defines "financial transactions" broadly to include any movement of funds affecting interstate or foreign commerce. This legislation would prevent U.S. persons from utilizing Alipay for payments, transfers, or other financial activities covered under its scope.