SHANGHAI, July 14 Chinese e-commerce company
Alibaba.com Ltd said on Thursday that it has signed an
agreement with payment provider Western Union for its
AliExpress wholesale platform.
Alibaba.com ended its partnership with PayPal, the online
payment unit of Ebay Inc , last month after PayPal
wanted to increase transactions for certain accounts.
Under the deal with Western Union, users buying items on
AliExpress will be allowed to make cash payments through Western
Union Agent locations in more than 160 countries.
Alibaba.com is a unit of Alibaba Group, which is about 40
percent owned by Yahoo Inc .
(Reporting by Melanie Lee; Editing by Chris Lewis)