TechCrunch | AmEx Puts $125M In And Partners With Chinese Mobile Payments Company Lianlian To License Serve | Payments 2.0 |

"American Express is making a significant move in the expansion of its digital wallet, Serve to international markets today."


Comment: The deal could open up for Amex a market different of a new order of magnitude: LilanLian serves around 300 million mobile phones. However, getting money out might prove more difficult than putting money in.