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Ecobank, Jack Ma’s Alipay to ease money transfer across borders

Ecobank has signed an agreement with Jack Ma’s Alipay, months after reaching an agreement with Airtel Africa to offer its subscribers loan. The agreement with Alipay is a cross-border partnership that will link Ecobank’s Rapidtransfer to the 1.2 billion people currently being served by Alipay. Rapidtransfer is Ecobank’s remittance payment system, and together with Alipay,