, BOC Launch Joint Credit Card

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Chinese Internet shopping website has announced that it has cooperated with its sister company and Bank of China in the launch of a joint-brand credit card.

This is the first time for and, the two subsidiaries of China's B2B e-commerce group Alibaba, to enter the Chinese credit card sector.

With the cooperation of the three parties,'s users who apply for this new credit card can bind their Alipay accounts with it. By doing this, these users can directly pay with their credit cards by merely providing their passwords when they want to complete an Internet payment via Alipay. This new joint-brand credit card aims to improve the Internet payment experience of users in China.

In addition, the holders of this BOC-Taobao credit card will be free from the limit of CNY500 for a single Inte...

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