Alibaba International Station and Mastercard will launch a joint credit card

On September 5th local time, Alibaba.com announced a partnership with Mastercard and Cardless to launch a joint credit card aimed at rewarding companies that conduct cross-border and procurement through Alibaba.com. This credit card will be the first co branded credit card launched by the company in the United States, allowing Alibaba International US buyers to receive all shopping rewards in the form of cash refunds or special financing terms. The annual fee is $199 and applications will begin later this year. （ProductClub（HK）Co., LTD）as a supplier of promotional products for Mastercard, hopes for win-win cooperation as the ultimate goal of market economy development, and also provides Mastercard with higher quality products and services.（www.productclub.cn）