ChronoPay Starts Cooperation With China’s Alipay

ChronoPay, from the Netherlands, has signed an agreement with China’s AliPay, with the goal of allowing its clients to target the Chinese market without the need to have a local office in China. AliPay is a member of the AliBaba Group and works like an escrow service. As of 20 December 2007, AliPay had more than 62 million users and a daily transaction volume exceeding €31m.

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