Alipay brings the frenzy of Black Friday to China

Chinese shoppers can now participate in a United States shopping ritual: Black Friday.

A group of high-end retailers in the United States have teamed up with Alipay, the payment service owned by Alibaba Group Holding Ltd, which will enable online shoppers in China to buy goods in the US through Alipay's ePass payment option.

Alipay offers payment and/or escrow services for transactions on Alibaba's marketplaces as well as to third parties. It is China's largest third-party payment service.