Chinese Payment Service Expands to North America
Checkout Alipay is being promoted as a checkout option for US retailers, to help Chinese buyers purchase from US companies.
Alipay, a service from product sourcing company Alibaba.com, is China’s largest independent third-party payment platform, providing customers an online payment and settlement service. Alipay has more than 56 million users in China, handling over 1 million transactions each day.
Mr. Jonathan Lu, President of Alipay, said, "Our mission is to make it easy to do business anywhere. Now that Alipay is China's most popular online payment system, it's a natural step for us to expand the service in North America."