Overseas services boosted by Alipay

Alipay, the e-payment arm of China's Internet giant Alibaba Group, is boosting its global presence amid a rising appetite for overseas shopping by increasingly wealthy but choosy Chinese consumers.

Alipay, the largest third-party payment solution provider in China, announced on Wednesday a partnership with the United States online payment startup Stripe.

Under the agreement, overseas merchants who use Stripe's payment software can now detect if shoppers are located on the Chinese mainland and give them the option of paying through their Alipay accounts.