Alipay.com Teams With Chinese Banks For Convenient Internet Payments

Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.

APAC: 4,000 Fake “Taobao” Websites Closed By July 2010

The Anti-Phishing Alliance of China has announced that by the end of July 2010, the alliance had received 19,817 reports related to phishing websites, and e-commerce websites were the most imitated ones.