Under the terms of the deal, the airlines customers are to purchase tickets online using the online payment services offered by Alipay. Alipay has also initiated similar contracts with other Chinese airlines, including Hainan Airlines, Shenzhen Airlines, Xiamen Airlines and China United Airlines.
Alibabas payment platform Alipay provides customers online payment and settlement services. It delivers e-commerce payment technology and risk management system for banks and financial institutions. Alipay, a subsidiary of Chinese B2B e-commerce giant Alibaba.com, currently reports 200 million users.
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