What does Alipay arbitration mean?

Arbitration refers to a dispute settlement method in which both parties reach an agreement before or after the dispute occurs and voluntarily submit the dispute to a third party for adjudication, and both parties are obliged to implement it.

1. As a civil dispute resolution mechanism, mediation means that the third party relies on certain social norms.

(including customs, ethics, laws and other norms), communicate information between the two parties to the dispute, put the facts on the table, promote mutual understanding and compromise between the two parties to the dispute, and thus reach the final settlement of the dispute.

It has the characteristics of autonomy of will and non-strict norms. From the pre-litigation practice, mediation can be divided into intra-litigation mediation and non-litigation mediation.

2. Litigation refers to a mechanism for a specific state organ to solve social disputes with the participation of the subject of the dispute.

In modern society, litigation is presided over by the state judicial organs. Due to the exercise of state public power, it has the characteristics of national compulsion and strict standardization.