Samsung, Alibaba to team up on mobile payment systems: Reports
Seoul, May 19 : South Korean multinational electronics company Samsung Electronics and Chinese e-commerce giant Alibaba Group Holding have planned to announce a collaboration on mobile payment systems, report says.
Under the tie-up, Samsung Electronics plans to allow its smartphone customers to use Alipay, the online payment platform run by a unit of Chinese e-commerce giant Alibaba, Reuters reported.
Meanwhile, Samsung Electronics declined to comment on the development. (ANI)