China's online payment Alipay opens first overseas customer center

By Park Sae-jin Posted : November 22, 2016, 14:22 Updated : November 22, 2016, 14:22

[Courtesy of Alipay]


Alipay, China's biggest online payment platform launched by Alibaba Group founder Jack Ma, opened its first-ever overseas customer center in Seoul Tuesday to provide various customer services to Chinese visitors.

The Alipay center was set up in a ceremony at the shopping mall of the COEX exhibition center in Seoul's affluent southern area frequented by foreign visitors, according to the Korea International Trade Association (KITA).

Through Alipay, Chinese visitors can receive various customer services such as online payment, luggage storage, tax refund information, and foreign exchanges, the association said.

The association said it would expand cooperation with Alipay to support South Korean and Chinese start-up businesses.

Alipay had the biggest market share in China with 400 million users and control of just under half of China's online payment market in October 2016.

It operates with more than 65 financial institutions to provide payment services for Taobao and Tmall as well as more than 460,000 Chinese businesses. Internationally, more than 300 worldwide merchants use Alipay to sell directly to consumers in China.

Aju News Lim Chang-won = cwlim34@ajunews.com
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