By FDI Creative Services on 05/18/2016
Category: Security News

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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