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Wednesday, February 18, 2009

Releases Mobile Insurance Product

Wednesday, February 18, 2009
Alipay announced the release of a mobile insurance product, "Zhi Fu Dun," the same day, which allows users who recharge accounts or conduct transactions to pursue legal recourse in case of a dispute, the report said. Zhi Fu Dun can be purchased using an Alipay online account for RMB 58 including an RMB 18 annual service fee, according to Alipay customer service.

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