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Apple and Alibaba, partners to expand Apple Pay in China

China has become a vitally important market for Apple in recent months and more specifically, since the release of the latest iPhone models, the iPhone 6 and 6 Plus . Despite some moves to boycott Apple’s expansion into the Asian giant by the Chinese authorities, the company is still growing and it seems that after the iPhone, it is the turn of one of its new star services, Apple Pay.

Apple Pay, as we have been counting in recent weeks in AppleSupportPhoneNumber, is growing at a good pace in the United States, where more and more banks and shops accept it as a means of payment . Its jump to Europe seems not very far away and is in the negotiation phase, considering now also as a very real option that in less than expected is available in China , by the hand of one of the strongest allies it could have, the Alibaba group .

Apple and Alibaba, partners to expand Apple Pay in China
Apple and Alibaba, partners to expand Apple Pay in China

Tim Cook was very positive about this yesterday, assuring the Xinhua news agency that he was optimistic about taking Apple Pay to China and that work was already underway. Apple would be in negotiations with the Chinese banks and also, as we said, with Alibaba, having pronounced himself Jack Ma , one of the founders of the group, in favour of working with Apple .

Although the parties are in favour, Apple still has a major obstacle to overcome, the interests of the central bank of China , and its intention to participate in the benefits generated by the use of Apple Pay , which could set a precedent when negotiating the arrival of Apple’s payment service in other countries. Be that as it may, everything indicates, unless there is a major surprise, that the positions are not irreconcilable and that Apple Pay will land in China , which will undoubtedly mean a new economic boost for Cupertino’s company.

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