Ali­pay to charge for with­drawals

China Daily (USA) - - BUSINESS -

Ali­pay will charge 0.1% of cash with­drawnby users ex­ceed­ing an ac­cu­mu­la­tive 20,000 yuan ($2,990) quota, ac­cord­ing to a state­ment posted on the com­pany’s mi­croblog. eight months of the year. Yuan said the growth was due to ex­ports growth and ex­pan­sion into other busi­nesses, in­clud­ing e-com­merce, in­vest­ment and fi­nan­cial leas­ing.

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