Unlike in North America, where adoption of these transactions has been slow, Alibaba has seen massive Chinese success. Alibaba, the tremendous e- and m-commerce company in China has been watching the success of its affiliated mobile payments service, Alipay, simply taking off throughout the length of 2014. In the first 10 months of this year, the use of Alipay made up 54 percent of all of Alibaba’s transactions. This represented a growth in the use of the mobile payments service of 22 percent when compared to the figures from all…
Read MoreMobile payments through Alipay are wildly popular in China
