Alipay launches in the U.S.

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Chinese e-commerce giant Alibaba’s payment system Alipay has inked a deal with payment processor firm First Data that will allow customers to use the service at four million merchants, reports Bloomberg.

The partnership will allow Chinese tourists who visit the U.S. to use their mobile phones to complete transactions at 4 million merchants and retailers around the country. That compares to about 4.5 million U.S. merchants that currently accept Apple Pay.

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