eastwest connect

Alibaba tests the “Cash on Delivery” service in Europe, trying to expand the market

Alibaba tests the “Cash on Delivery” service in Europe, trying to expand the market

Source: iDoNews

 

According to JinRongJie (Financial World), DoNews reported on January 17 that Alibaba’s international e-commerce platform began to allow European shoppers to pay after receiving the goods, hoping to boost global sales through the “cash on delivery” service.

On Monday local time in the United States, the financial technology payment company Splitit Payments confirmed that it will cooperate with Ant Group’s Alipay to provide delayed payment services to customers of Alibaba’s online trading platform AliExpress.

Splitit Payments claims that the “cash on delivery” service will first be launched in Germany, Spain and France, with possible expansion to other international markets later. Splitit Payments is headquartered in Atlanta, Georgia, USA and listed in Australia.

Founded in 2010, AliExpress sells toys, clothing, electronics and other consumer goods to more than 200 countries, according to its website. Most of the sellers on the platform are Chinese businesses, and they often take a long time to ship to international customers, which is a disadvantage for buyers.