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Samsung, Alibaba to team up on mobile payment systems: Reports

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Seoul : South Korean multinational electronics company Samsung Electronics and Chinese e-commerce giant Alibaba Group Holding have planned to announce a collaboration on mobile payment systems, report says.

Under the tie-up, Samsung Electronics plans to allow its smartphone customers to use Alipay, the online payment platform run by a unit of Chinese e-commerce giant Alibaba, Reuters reported.

Meanwhile, Samsung Electronics declined to comment on the development. (ANI)

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