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Alipay Extends Payments to US Retailers

Alipay, the payments subsidiary of Alibaba Group Holdings Ltd., is extending its payment services to Western retailers starting with U.S. It has launched a new service dubbed as “ePass” which would enable U.S. retailers to e-commerce shoppers in China. ePass doesn’t offer a translation service as of now, so initially it would target shoppers who know English well. The new service would help U.S. retailers target around 500 million Chinese online shoppers.

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