Alipay to introduce credit payment system next week Korean Raw hotties. chinese Seductive vixens.

支付宝拟推透支消费:额度最高5000

(ECNS) - Alipay, an online payment platform launched by Alibaba in 2004, plans to introduce a user-oriented financial product called "Payment by Credit" next week. chinese Voluptuous ingenues.

The service allows users to pay for online purchases with overdrafts from their Alipay accounts, instead of using credit or debit cards. stunning women.

The maximum overdraft will be 5,000 yuan ($807) per account, with a grace period of 38 days before repayment is required. Chinese slender sirens.

Users will receive reminders to pay via SMS message or telephone when the grace period expires. chinese Sensual beauties.

Chongqing Shangcheng Financing Guarantee Co. Ltd., a subsidiary of Alibaba, will provide the guarantee. serene ingenues. Chinese serene women.

The service is only valid for transactions on Taobao.com and Tmall.com, Alibaba's two main online shopping platforms. Raw hotties.

A trial period of the e-payment system will be carried out in several provinces before being introduced throughout China, the report said.