> Well, they are trying to undercut Chinese with web payments
Alibaba are very active participants on the Payment Request Working Group. I'm not sure they can undercut themselves. You will find several very large Chinese companies taking part: https://www.w3.org/2004/01/pp-impl/83744/status
On my memory, they were very very anxious about anything with capacity to subplant zhifubao. Paypal famously had a one click payment plugin for China, and it got banned by Alibaba nearly instantaneously.
Paypal later banned Alibaba from using Paypal outside of China
Alibaba are very active participants on the Payment Request Working Group. I'm not sure they can undercut themselves. You will find several very large Chinese companies taking part: https://www.w3.org/2004/01/pp-impl/83744/status