www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Across America

MasterCard, Alibaba enter online payment agreement

By China Daily | China Daily | Updated: 2013-04-01 11:02

MasterCard Inc has teamed up with Chinese e-commerce giant Alibaba Group to enhance online payments, making the card issuer the latest US company trying to get a jump on growth in China, the world's biggest Internet market.

MasterCard and Alibaba said on Thursday that they had signed a memorandum of understanding to cooperate on cross-border payments, acceptance, security and risk management.

The companies also agreed to use MasterCard's MasterPass digital service to let consumers pay for goods online using existing cards on various gadgets.

"This MOU is another significant step in the joint effort to drive the innovation and development of e-commerce in China," said Ling Hai, president of MasterCard Greater China, in a statement.

Lucy Peng, CEO of Alibaba Small and Micro Financial Services Group, said her company and Alipay, another Alibaba Group affiliate, intend to improve online shopping for consumers and the online business environment for small companies in and outside China.

The move follows an announcement in September that MasterCard subsidiary DataCash would work with Alipay to enable Chinese consumers to make online payments to international retailers.

MasterCard has been considering the potential of China's online-commerce market and the demand from small and medium-size companies.

Ajay Banga, MasterCard president and CEO, said at a forum in Beijing on March 24 that China needs to stimulate innovation among SMEs because of their potential contribution to sustained growth in the world's second-biggest economy.

Development of e-commerce platforms and online shopping in China has helped payment processors such as MasterCard.

A study issued in March by global consulting firm McKinsey & Co estimated that the Chinese online retail market had 1.2 trillion yuan ($190 billion) in sales last year

Amid the growth, Alipay, which is similar to eBay Inc's PayPal service, has entered into partnerships with financial giants such as Industrial & Commercial Bank of China Ltd to challenge card issuer China UnionPay and MasterCard.

Of 3.8 trillion yuan worth of third-party transactions in China in 2012, Alipay handled 46 percent. The service is the preferred means of many Chinese SMEs in settling accounts.

FedEx Corp last week also expressed strong interest in tapping the potential of e-commerce in China.

Rajesh Subramaniam, executive vice-president of FedEx Services, which handles sales, marketing, information technology and other support for the US-based delivery giant, said China will become the world's biggest e-commerce market. Online transactions in the Asia-Pacific region will account for one-third of the global total this year, he added.

Subramaniam told the Guangzhou Evening News, however, that FedEx's strength is mainly in connecting China with the world, although the company is licensed for express-delivery services in eight Chinese cities.

China Post, the main domestic competitor to the international logistics giants, said its express-delivery service increased 40 percent last year, to 8 billion pieces, generating revenue of 140 billion yuan.

Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
Air Force units explore new airspace
Premier Li urges information integration to serve the public
Dialogue links global political parties
Editor's picks
Beijing limits signs attached to top of buildings across city
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产露脸3p普通话 | 色夜视频 | 国内外成人免费在线视频 | 成人网免费看 | 日本黄色免费大片 | 欧美三级久久 | 亚洲区精品 | 最新99国产成人精品视频免费 | 亚洲一级毛片欧美一级说乱 | 毛片96视频免费观看 | 美女张开腿黄网站免费 | 欧美一级免费 | 99精品久久精品一区二区 | 国产三级毛片视频 | 韩国免又爽又刺激激情视频 | 久草热久草在线 | 亚洲视频在线观看 | 日本免费二区三区久久 | 成人免费视频社区 | 日本高清色本免费现在观看 | 午夜影院免费体验 | 日韩三级小视频 | 中国一级特黄剌激爽毛片 | 亚洲视频 中文字幕 | 男女性高清爱潮视频免费观看 | 黄色网址网站在线观看 | 又摸又揉又黄又爽的视频 | 一区二区三区影院 | 伊人色综合7777 | 久草综合在线视频 | 女同日韩互慰互摸在线观看 | 日韩一区二区在线免费观看 | 欧美69色| 99久久精品视香蕉蕉er热资源 | 久久精品福利视频 | 亚洲免费国产 | 欧美日韩精品乱国产538 | www.黄.com| 日韩美一区二区三区 | 亚洲波多野结衣日韩在线 | 99在线国产视频 |