Apple, Alibaba in talks for Chinese payment platform

Apple and Chinese commerce site Alibaba are currently negotiating a partnership to provide a payment platform for China, according to the latter’s executive vice chairman, Joseph Tsai. Tsai tells the Wall Street Journal that the partnership would revolve around Apple’s presence in the country. Details are still in the air, but it could potentially see Alibaba’s Alipay electronic payment service integrate in some way with Apple Pay, creating an encompassing mobile payment platform….

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