Stripe adds support for Alipay, helping Alibaba extend its global reach
Jun25
US payments firm Stripe is adding support for Alibaba’s payments service Alipay, helping its businesses reach more customers in China, where e-commerce is on a rising trend. This also comes as the Chinese e-commerce juggernaut Alibaba seeks to make Alipay a mainstream option as part of its efforts to eventually take its consumer business global, particularly to the West. Stripe is one of the largest companies of its kind, having raised over $120 million in funding – and businesses in 14 countries are using it as part of their infrastructure to sell to customers all over the world. This agreement will see Alipay reaching customers who…
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