Alipay Steps Up to Compete PayPal With Cross-Border Transactions
PayPal is one of the leading solutions for conducting internet transactions, whose services can be more commonly found on websites such as eBay. But Alipay is now seeking to expand and cross-borders and have been reported to be in talks with international credit card companies. These talks are said to be about facilitating cross-border transactions, which ultimately would allow international buyers to purchase directly from Chinese online websites, as long as the site ships internationally and the user has both a credit card and an Alipay account.