On December 20th Alipay issued a press release announcing a cooperation agreement with Philliou Selwanes Partners to promote the acceptance of Alipay's services to North American merchants. Alipay, which is one of China's leading third-party payment providers has recently been focusing on expansion to overseas markets, namely Hong Kong, Taiwan, Japan, and now the US.
So far, Alipay's exapnsion into overseas markets has not been going according to plan with setbacks in acquiring merchant partners in Taiwan, for example. With the exception of Hong Kong, it seems that there has not been much response from merchants outside China so far. It remains to be seen whether or not Alipay will be able to recruit American merchant partners, we will monitor their progress here.
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