ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Asia300

Privacy concerns stall Alibaba's plans for Japanese Alipay

Banks reluctant to give China an opening to access customer data

More than 40,000 stores in Japan accept Alipay, including this department store operated by Sapporo Marui Mitsukoshi.

TOKYO -- Alibaba Group Holding's plan to launch a version of the Alipay mobile payment service in Japan has hit a snag, as banks withhold cooperation out of concern over potential data leaks into China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more