Cloud Computing, Internet Datacenters and Big Data Business Intelligence from China

Alibaba’s Internet Payment Subsidiary Loses Online Retailer In China

Chinese B2C e-commerce website has published a notice, stating that its cooperation with, the Internet payment subsidiary of Alibaba Group, expired on August 24, 2011, and the company will now stop the use of payment services at

According to, the reason for its termination of the cooperation with is because the service fees charged by the latter are too high, which are reportedly four times higher than, another Chinese Internet payment service provider. said that from now on users will not be able to login to or pay for the orders with their Alipay accounts. If they used Alipay accounts for entering before and want to use the balance and credits of previous accounts, they can apparently submit applications by providing related email addresses.

In regards to’s decision, said that they respect and understand the business decision made by However, they reportedly feel sorry for their users who will not be able to complete payments with on

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