AliPay, the world’s largest mobile payment platform, to launch in Pakistan

The online and mobile payment platform Alipay is planning to open its operations in Pakistan soon. Alipay, a business venture of Alibaba Group, and Pakistan’s government will collaborate on advancing e-commerce transactions in Pakistan. In Pakistan, many telecom operators offer mobile payment services to their subscribers, but there have been few international applications so the availability of portals has been low.

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Alipay is a third-party mobile and online payment platform founded in Hangzhou, China in February 2004 by Jack Ma, the founder of Alibaba. Globally, this platform serves over 1.3 billion users through its payment & digital lifestyle platforms.

Source: The Current