How Will International Online Merchants Benefit from Alipays Cross-border Epayment Service?
Currently, Alipay has more than 470 million users, facilitating a daily transaction volume of RMB 2.0 billion (US$298 million) and nearly 7.0 million daily transactions. Therefore, this business will help international merchants to open access the Chinese market at a low cost and with high efficiency. This will allow more contact with online consumers in the Chinese mainland.
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