To aid China-based buyers, Yahoo Japan will support Alipay

To aid China-based buyers, Yahoo Japan will support Alipay

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From Nikkei Asian Review, there’s news that Yahoo Japan will support the use of popular Chinese electronic money solution Alipay, starting in June:

To make a purchase on Yahoo Shopping from China, a buyer must use the Tenso.com brokerage service. Tenso.com ships products bought on the e-commerce site once buyers have completed purchase procedures on the broker’s site. Until now, payment options were limited to credit cards and U.S. electronic payment service PayPal. By adding Alipay, which is widely used in China, Yahoo hopes to expand sales through Yahoo Shopping by making it easier for Chinese consumers to buy merchandise.

Alipay claims 550 million registered users, and about 8.5 million daily transactions.