On November 10, the leading online payment platform under Alibaba from China has signed a a strategic partnership agreement with National Payment Corporation of Vietnam (Napas) in Hanoi.
Under the cooperation, Alipay in Vietnam will provide an online application for Chinese travelers currently staying in Vietnam to enable cross-border payments. The service is expected help users to save time and transaction costs.
Established in 2004 by Alibaba Group, ,Alipay currently has over 520 million userswith the service supported in 200 countries and 18 popular currencies.
