Samsung Electronics, Alibaba to team up on mobile payment systems: Report

 Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday, South Korean media reported. 

Reuters| Updated: May 19, 2016, 07:29 AM IST
Samsung Electronics, Alibaba to team up on mobile payment systems: Report

Seoul: Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday, South Korean media reported. 

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, media reports said on Thursday.

A Samsung Electronics spokeswoman declined to comment.