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Alipay Express Checkout Targets 100 Mln Users in Two Years

Southern Daily, 12/19/11

Yuan Leiming, general manager of third-party payment processor Alipay's business division, has revealed in a speech at the 2011 China Internet Economic Forum in Beijing that Alipay's Express Checkout online payment-by-credit-card service aims to have 100 mln users within two years, to establish cooperation with over 200 banks, and to help the e-commerce market increase its transaction volume by 30%. Read More