Alipay Shuts Down POS Payment Service

By  |  August 27, 2013
 | 

Alipay, the China-based online payment services provider founded by eCommerce giant Alibaba, is ending its offline point-of-sale (POS) payment service, Global Times reported on August 27.

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    Alibaba offered a short statement, but did not elaborate on the reasons for the move. The media outlet noted that the announcement has “triggered heated discussion online.”

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    For more on how China UnionPay could have influenced the decision, click here.


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