alipay, business, online payment portal, paypal, paypal china, peoples bank of china, wechat pay

What Can PayPal Expect Following Its Launch in China?

PayPal is the first-ever foreign company to acquire a domestic payment license in China. How its journey will fare with the Chinese population and administration is still up in the air. PayPal is planning for success in this vast market. The markets of China and the United States are very different, and it will be ...

February 6, 2021

Jack Roberts

Chinese Central Bank Targets Popular WeChat Pay and Alipay

The Chinese seem to have taken quite a liking to the ease of mobile payments, with Tencent’s WeChat Pay and Ant Financial’s Alipay ranking as the top payment apps in the country. With lots of consumer cash deposits in their accounts, it was inevitable that the payment platforms would eventually be targeted by the state. ...

March 23, 2019

Nspirement Staff