Ali­pay grabs piece of US mar­ket

New Straits Times - - Business -

NEW YORK: Ali­pay, owned by Jack Ma’s Ant Fi­nan­cial, reached a deal that will let its users shop at four mil­lion United States mer­chants served by pay­ments pro­ces­sor First Data Corp, the com­pa­nies said on Mon­day in a joint state­ment. The roll­out will be­gin with busi­nesses that use First Data’s Clover prod­ucts. The First Data deal will put Ali­pay in the same league as Ap­ple Pay in terms of ac­cep­tance. Ap­ple Inc’s mo­bile pay­ments ser­vice can be used at 4.5 mil­lion lo­ca­tions in the US. Agen­cies

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