inks deal with Western Union

By : |July 14, 2011 0

[image_library_tag 582/15582, align=”left” width=”180″ height=”28″ title=”Alibaba Group” alt=”Alibaba Group” border=”0″ vspace=”7″ hspace=”7″ complete=”complete” ,default]SHANGHAI, CHINA: Chinese e-commerce company Ltd said on Thursday that it has signed an agreement with payment provider Western Union for its AliExpress wholesale platform. ended its partnership with PayPal, the online payment unit of Ebay Inc, last month after PayPal wanted to increase transactions for certain accounts.

Under the deal with Western Union, users buying items on AliExpress will be allowed to make cash payments through Western Union Agent locations in more than 160 countries. is a unit of Alibaba Group, which is about 40 percent owned by Yahoo Inc.

No Comments so fars

Jump into a conversation

No Comments Yet!

You can be the one to start a conversation.