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Alibaba's mobile payment system Alipay, announced on Tuesday that it will not charge its users for withdrawing cash following speculation1 by users.
针对用户猜测,阿里巴巴旗下移动支付系统支付宝周二宣布,提现将不会收取手续费。
This comes two days after Internet giant Tencent confirmed it planned to charge its WeChat users for withdrawing cash vis its system.
Users of the popular messaging app will be charged 0.1-percent for every cash withdrawal2 transaction through WeChat starting next month.
However, WeChat will allow every user to withdraw 1-thousand yuan without a fee at the beginning.
Alipay and WeChat Payments now dominate China's mobile payments market, while Apple Pay will be launched in China from 5 am on Thursday.
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