Dec 11, 2012
Chinese third-party payment processor Alipay has started open beta testing on its new mobile "virtual wallet" (Kabao) app, and plans to launch an official version by January of next year.
Editor's Note: For more background on this topic, please see "Update: Rumor: Alipay Develops "Virtual Wallet" Mobile Payment App" MD 12/04/12 issue.
Keywords: mobile wallet wireless Alipay mobile payment third-party payment Kabao
SendingThe information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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