People in China can now use Alipay, a major Chinese third-party online payment solution, to make purchases from the mba.com store
RESTON, VA--(Marketwire - November 3, 2010) - People in China can now use Alipay, a major Chinese third-party online payment solution, to make purchases from the mba.com store, the official supplier of test-preparation material for the Graduate Management Admission Test (GMAT). The GMAT exam is used by thousands of business education programs around the world as part of the admissions process.
The Alipay platform allows Chinese consumers to make simple, secure and fast payments on the Internet. The system is built on a third-party model that permits customers to confirm that they are satisfied with a purchase before releasing payment to the merchant. In addition to Alipay, people in China can use major credit cards to make purchases from the mba.com store.
The mba.com store (www.mba.com/store) sells products to help people prepare for the GMAT exam, get ready for business school and plan their careers. The store features the Official Guide for GMAT Review series, the only test-preparation books with actual GMAT questions formerly used on the exam. The Official Guides are published by the Graduate Management Admission Council (GMAC), owner of the GMAT exam and mba.com.
About GMAC and mba.com
The Graduate Management Admission Council (www.gmac.com) is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC is based in Reston, Virginia, and has regional offices in London and Hong Kong. The Council's mba.com website, home to the mba.com store, is the registration portal for the GMAT exam and provides information about management education to prospective students.