Arab Today, arab today watchdog tightens of chinese online payment service firm
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Watchdog tightens of Chinese online payment service firm

Arab Today, arab today

Arab Today, arab today Watchdog tightens of Chinese online payment service firm

Seoul - Yonhap

The South Korean financial watchdog has stepped up its monitoring of a Chinese online payment service firm set to open a new type of offline service here on growing demand by Chinese tourists, officials said Thursday. Alipay, a non-bank Internet payment affiliate of Chinese e-commerce giant Alibaba Group, provides services to Chinese shoppers buying goods from South Korean online shopping malls in partnership with South Korea's KG Inicis Co., an online payment service provider.

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