Alibaba.com Introduces PayPal Payment on AliExpress
Alibaba.com, a small business e-commerce company, and PayPal have announced that PayPal will be offered on the AliExpress platform. In beta since 10 September 2009, AliExpress allows customers to tailor orders to the needs of their small businesses, offering smaller-quantity orders, instant online transactions, and an escrow service to protect buyers and sellers.
With this agreement, AliExpress merchants’s customers can use PayPal as a fast and secure payment option. Businesses will now be able to easily source goods through AliExpress using PayPal in their preferred local currency.
“AliExpress is designed to help even the smallest businesses to be more competitive because they can offer customers more unique products, at better prices through the benefits to global trade,” said David Wei, chief executive officer (CEO) of Alibaba.com. “Our work with companies such as PayPal is crucial, because we want to make sure we are meeting the needs of our customers by making payment as fast, safe and easy as possible.”