Teams With Chinese Banks For Convenient Internet Payments

News Source:, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.

The online payment company is cooperating with ten banks, including Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Ping'an Bank, Bank of Beijing, Shanghai Rural Commercial Bank, Bank of Dalian, Bank of Ningbo, and Bank of Ningxia.

At the end of December 2010, started initial cooperation with Bank of China by providing credit-card-based express Internet payment services. So far, this new service has reportedly brought almost three million new users to

According to, with the help of the credit card express payment, users do not need to open the Internet banking services, and they can...

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