This Act may be cited as the No Alipay Act of 2025.

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.

In this Act: (1) The term United States person means— (A) a national of the United States; (B) an alien lawfully admitted for permanent residence; (C) 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 (D) an individual who is physically present in the United States. (2) The term financial transaction means— (A) a transaction which in any way or degree affects interstate or foreign commerce— (i) involving the movement of funds by wire or other means; or (ii) involving one or more monetary instruments; or (B) 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.