Virtually all mobile payments in China go through either Alipay or WeChat Pay. India's Unified Payments Interface offers a more competitive landscape with 87 mobile payment apps to choose from. (Picture: Shiho Fukada/Bloomberg)Virtually all mobile payments in China go through either Alipay or WeChat Pay. India's Unified Payments Interface offers a more competitive landscape with 87 mobile payment apps to choose from. (Picture: Shiho Fukada/Bloomberg)
Virtually all mobile payments in China go through either Alipay or WeChat Pay. India's Unified Payments Interface offers a more competitive landscape with 87 mobile payment apps to choose from. (Picture: Shiho Fukada/Bloomberg)
Abacus /  Tech

India aims to catch up with China in mobile payments

India has 87 apps using its Unified Payments Interface while just two companies dominate mobile payments in China

Topic |   Mobile payments
Bloomberg
Bloomberg

Updated: 9:11am, 20 Sep, 2019

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Virtually all mobile payments in China go through either Alipay or WeChat Pay. India's Unified Payments Interface offers a more competitive landscape with 87 mobile payment apps to choose from. (Picture: Shiho Fukada/Bloomberg)Virtually all mobile payments in China go through either Alipay or WeChat Pay. India's Unified Payments Interface offers a more competitive landscape with 87 mobile payment apps to choose from. (Picture: Shiho Fukada/Bloomberg)
Virtually all mobile payments in China go through either Alipay or WeChat Pay. India's Unified Payments Interface offers a more competitive landscape with 87 mobile payment apps to choose from. (Picture: Shiho Fukada/Bloomberg)
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