China's No. 1 online payment firm Alipay is expected to top eBay Inc.'s unit, PayPal, by transaction value in two years, to become the world's leading e-payment service, Alipay's president said ...

With more than 500 million registered users and seven million transactions a day Alipay the online payment platform owned by Alibaba group has just ousted Paypal as the world’s largest online 3rd ...

Alipay.com Co Ltd, the online payment subsidiary of Alibaba Group, has become the world's largest online payment company, beating PayPal, said Wang Gang, general manager of the merchant division of ...

Ten years ago, eBay lost the battle to conquer China's e-commerce market to small upstart Alibaba. Ten years on, China's e-commerce market has grown more than tenfold, and Alibaba has become a global ...

NEW YORK — China’s half billion online shoppers will soon have an easier way to shop in the U.S. Alipay, the payments unit recently spun off from Chinese e-commerce powerhouse Alibaba, is launching a ...

It seems like Chinese e-commerce giant Alibaba is going all out to be the PayPal of the East, mobile-style. The company is taking steps to prep for the overseas expansion of Alipay, the mobile ...

Who needs banks? I’m not questioning the basis of our financial system—I’m talking about physical (high cost, low service) bank branches. Banks these days are just big databases—digital depots where ...

NEW YORK — This holiday season, it’s almost as simple to shop on the other side of the world as it is to buy from a store down the block. International online payment services like AliPay and PayPal ...

SAN FRANCISCO – Amazon.com, PayPal and Alipay are quietly becoming lenders to their e-commerce customers, amassing loan portfolios that dwarf traditional banks. China-based Alipay processed payment ...