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Alipay, Apple Pay may tie up on mobile payment

Alibaba Group Executive Chairman Jack Ma said he’s open to working with Apple Inc on mobile payment, as China’s richest person prepares to call on Hollywood this week in search of media partners.

Alibaba affiliate Alipay is China’s largest payment service, while Apple just this month debuted its own version of a mobile wallet, letting iPhone 6 users make payments at retailers with their smartphones.
 

(Source: Shanghai Daily)