South Korea’s Lotte.com Inks Internet Payment Deal With China’s Alipay

Chinese third-party Internet payment company Alipay revealed that the company has reached a deal with South Korean website Lotte.com to provide a RMB payment channel to Chinese users who shop on the website. Furthermore, the products purchased on the website will be directly shipped from South Korea to China.

http://www.chinatechnews.com/2014/05/23/20557-south-koreas-lotte-com-inks-internet-payment-deal-with-chinas-alipay