Alipay closes acquisition deal with OnCard Payments
Chinese third-party online payment platform Alipay has reached an acquisition agreemen t with OnCard Payments, a wholly owned subsidiary of Oncard International. This is the first acquisition case disclosed since the People’s Bank of China, China’s central bank started to issue licenses of third-party payment business, according to tmcnet.com. As part of the agreement, clients [...]
Alipay
Alipay is China’s leading third-party online payment solution, providing an easy, safe and secure way for millions of individuals and businesses to make and receive payments on the Internet. As of December 2010, Alipay had more than 550 million registered users and facilitated around 8.5 million transactions daily. Alipay provides an escrow payment service that [...]
CardinalCommerce and Alipay Form Partnership
Alipay is the latest payment brand to be enabled through Cardinal’s patented eCommerce payment platform, Centinel® Mentor, OH – August 9, 2011 – CardinalCommerce Corporation, the worldwide leading provider of payment brands, today announced the addition of Alipay to its eCommerce platform, Cardinal Centinel. Cardinal Customers can now have immediate access to the large number [...]
Alipay Invades China’s High Streets With Mobile Barcode Payments
Alipay, the online payment division of e-commerce giant Alibaba, is today bringing the ‘mobile wallet’ to China’s streets and stores, allowing transactions between shops and their customers, who need only the Alipayapp on their phones Updates to the Alipay iPhone, Android and Nokia apps today will unleash the new mobile barcode payments feature. For end-users, [...]
