On October 15th, on Alipay Open Day, Yuan Leiming, general manager of Ali Microfinance Division, revealed that Ping An Bank will become one of the banks that took over the POS business of Alipay. However, this year's "Double Eleven" event is still provided by Alipay as a back-end service, or is it replaced by Ping An Bank, depending on the progress. pull out basin faucets,Flick Mixer Tap,Single Bathroom Faucet,Chrome Bathroom Faucet Kaiping Yufa Sanitary Ware Co.,ltd , https://www.dlsenbathroom.com
In August, Alipay announced that it would stop all offline POS business and would look for banks to take over the business, which was interpreted by the industry as being inconsistent with UnionPay.
“The Alipay POS business is a new business, but we found that we are not suitable for it, so it stopped.†Yuan Leiming said frankly that Alipay and UnionPay will cross and merge in some places in the future. “But opening the market is still a trend anyway.â€