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Samsung Elec, Alibaba to team up on mobile payment systems: media
A man speaks on his mobile phone near a Samsung store in central Kiev, Ukraine, May 11, 2016.
Reuters/Valentyn Ogirenko
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.
(Reporting by Hyunjoo Jin; Editing by Richard Pullin)
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