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Tuesday, April 15, 2008

Alipay in Australia

Tuesday, April 15, 2008
Sydney based Paymate has gone live with a beta version of its new payments platform for AliPay, the largest online payment service provider in China with 62 million registered users.

Alipay is a subsidiary of the listed Alibaba Group, the operators of international trade portal Alibaba.com.

Paymate was launched by eBay in October 2001, but has been progressively sidelined since eBay international purchased PayPal and brought it to Australia in 2005.

Since then it has weathered a number of big hits including competition from mobile phone payments processor Paymate (India) which has grabbed www.paymate.com

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