@BlackTechAI:
JPMorgan (JPM) Supports Alipay to Provide Card Payment Services for Alibaba.com (BABA) in the U.S.Today, J.P. Morgan (NYSE: JPM) announced it went live with credit card payments processing for Alibaba.com, the B2B business unit of Alibaba Group (NYSE: BABA). Working together with Alipay, a leading digital life services platform operated by Ant Group, J.P. Morgan Merchant Services, the #1 payments processing provider in the U.S. according to Nilson, now powers payments made by U.S. credit cards on Alibaba.com.The rise of marketplaces is one of the biggest trends in e-commerce, accounting for almost half of all online purchases in 2020, with online sales hitting more than $4.2T globally in 20201. Due to the growth of e-commerce, small and micro businesses need a fast, easy and safe way