Alibaba's online payment service Alipay revealed it has formed relationships with more than 300 global branded companies in the U.S., Europe and Asia in the past year to provide cross-border online payment services in China. Alipay had over 200 million registered users at the end of July 2009 and was facilitating nearly five million transactions per day.
Alipay is providing online payment service to software companies such as McAfee, and has formed partnerships with Digital River, a leading provider of global ecommerce solutions. Retailers from Japan, Korea and Italy including Marui Group, Yodobashi Camera Company Limited, IDEN and Forzieri are also using Alipay's online payment solution.
In addition to cooperating with the leading online payment platforms such as Softbank Payment Service and Asiapay, Alipay also recently forged payment collaboration with ezPay, the largest online payment company in Taiwan.
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Alibaba's online payment service Alipay revealed it has formed relationships with more than 300 global branded companies in the U.S., Europe and Asia in the past year to provide cross-border online payment services in China. Alipay had over 200 million registered users at the end of July 2009 and was facilitating nearly five million transactions per day.