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2. WeChat Pay - Wikipedia

   en.wikipedia.org/wiki/WeChat_Pay

   WeChat Pay's main competitor in China and the market leader in online payments is Alibaba Group's Alipay. Alibaba company founder Jack Ma considered the red envelope feature to be a "Pearl Harbor moment", as it began to erode Alipay's historic dominance in the online payments industry in China, especially in peer-to-peer money transfer. The ...

3. China mobile payment giants Alipay, WeChat open to ... - AOL

   www.aol.com/news/china-mobile-payment-giants...

   China mobile payment giants Alipay and WeChat Pay have started allowing overseas users to link their accounts to international bank cards, in a move cheered by foreign payment firms like Visa and ...

4. Mobile payments in China - Wikipedia

   en.wikipedia.org/wiki/Mobile_payments_in_China

   [1]: 130 China's wide adoption of mobile payments without significant credit card usage is an example of leapfrogging development. [ 1 ] : 130 The increase of mobile payment systems such as Alipay and WeChat Pay have facilitated the rapid rise of e-commerce in China. [ 2 ]

5. Alipay - Wikipedia

   en.wikipedia.org/wiki/Alipay

   Yu'e Bao offers an online money market account in which Alipay customers can deposit money and receive a higher interest rate than that available from banks. [17]: 33 It soon became China's largest online money market fund and prompted competitors like Baidu and Tencent to introduce alternatives.

6. CNAPS code - Wikipedia

   en.wikipedia.org/wiki/CNAPS_code

   The CNAPS code is a code used in China's domestic payment system for the yuan (CNY). It is developed by the People's Bank of China to simplify fund transfers and clearing between banks within the country. CNAPS codes are named after the China National Advanced Payment System.

7. Exclusive: China's central bank urges antitrust probe into ...

   www.aol.com/news/exclusive-urged-central-bank...

   China's top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant ...