Sentence examples for online payment platform from inspiring English sources
What: An online payment platform that makes it easier for merchants to take payments online via direct debit – bypassing cards and slashing costs.
Yahoo got into a tussle with Jack Ma, the chairman and chief executive of the Alibaba Group, in which Yahoo has a substantial interest, when he transferred Alibaba's online payment platform, Alipay, to a private company controlled by him.
SHANGHAI — Jack Ma, the chairman of the Chinese Internet giant Alibaba, surprised investors last May when he acknowledged that he had transferred the assets of the company's online payment platform to a private company that he controlled.
Speculation about who will take over is likely to focus on the heads of Alibaba's biggest businesses, including Alibaba.com, an online market for small businesses; Taobao, an enormous consumer shopping site; and Alipay, an online payment platform.
He holds patents in distributed computing and was appointed a director of online payment platform Braintree (whose customers include Angry Birds and lettings site Airbnb) at the end of March, just before its $800m acquisition by eBay.
Alibaba said it had no choice but to transfer the assets of its online payment platform, Alipay, to a private company controlled by Mr. Ma after Beijing regulators tightened controls over online payment systems and threatened to make the operations of Alipay illegal.
The partnership will promote Tencent's online payment platforms, including TenPay and Weixin Payment, which are competitors to Alibaba products like Alipay.
Given he's built the largest ecommerce and online payment platforms in China while most Valley companies have failed to get off the ground, the difference in mindset might well be part of the reason why.
The latest effort by the Chinese government to enforce the rule through a popular service is an order that will require all users of online payment platforms Alipay and WeChat Pay to link their usernames to an ID number or bank account based in mainland China by July 1.
The online payments platform WePay adds invoicing.
Online payments platform and PayPal competitor WePay is adding a key new feature to its easy-to-use technology—Invoicing.
