Thursday, 26 May 2011

Alipay gets licence to set up e-payment system

HONG KONG (Reuters) - The Alipay system affiliated with Jack Ma's Alibaba Group has received a license from China's central bank to operate an electronic payment system in the country, the company said on Thursday.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/1541f512/l/0L0Sreuters0N0Carticle0C20A110C0A50C260Cus0Ealipay0EidUSTRE74P26120A110A5260DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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