Alipay and industry institution mobile Internet Great Wall today set up China’s first “wireless creditable business” coalition. Qiu Changheng when communicating with the media did not respond positively to news of cooperation with iPhone (mobile Internet), but he said Alipay indeed was in contact with the Apple.

The background of Apple and Alipay discussing cooperation was that Apple has been working with China Unicom, iPhone is officially sold in China. According to introduction, App Store abroad accepted mostly credit card payments, but in China credit card payment is not popular, Apple also noticed this problem, so it hoped cooperation with Alipay would resolve their payment problems.

QIU Chang-heng said that at present, Alipay have emerged at App Store, which was “the first payment method for Apple mobile phones”. On the other hand, App Store Web site has also released Alipay mobile client end and available for free download, which means Alipay application has got Apple approval.

According to Qiu Changheng the current mobile Alipay payment application was completely developed by independent team, and the only connection with computer terminal Alipay team is the “accounts system are totally connected”. Qiu Changheng believed that if mobile payment wanted a great development, the most critical two factors were open and credibility.