Alipay and the Online payments transaction market. “Yuan Leiming, general manager of third-party payment processor Alipay’s business division, has revealed in a speech at the 2011 China Internet Economic Forum in Beijing that Alipay’s Quick Pay online payment-by-credit-card service…
Unbeknownst to many, Alipay is huge in China and is slowly expanding outwards. It will truly rival Paypal in the years to come, by first capturing on some untapped markets (IMHO). It will be interesting to see how Paypal will…
Yes and No. Mostly No. One would believe no one comes even remotely close to the number of users (registered: 232 Million accounts) and 100+ Million Active accounts as PayPal has (Source: http://en.wikipedia.org/wiki/PayPal). However, there is an existential threat to…
