Samsung Elec, Alibaba to team up on mobile payment systems

19 May, 2016 10:34 am

SEOUL – Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday, South Korean media reported.

Under the tie-up, Samsung Electronics plans to allow its smartphone customers to use Alipay, the online payment platform run by a unit of Chinese e-commerce giant Alibaba, media reports said on Thursday.

A Samsung Electronics spokeswoman declined to comment. -Reuters

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