Commonwealth Bank, Alipay partner on payment services

Monday 31 October 2016 | 09:01 CET | News
Financial services provider Commonwealth Bank of Australia (Commonwealth Bank) and mobile and online payment platform Alipay, operated by Ant Financial Services Group, have signed a MoU to deliver payment services for Australian and Chinese consumers and retailers. Under the terms of the agreement, Commonwealth Bank and Alipay will enable Australian consumers to pay for purchases made through Alibaba Group's e-commerce websites, supported by Ant Financial's payment infrastructure, including AliExpress, a platform for Chinese merchants to sell to global consumers.

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Categories: Internet / Mobile & Wireless
Companies: Alibaba / Alipay
Countries: Australia / China
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