A customer scans an Alipay QR code to make a payment via a mobile phone in a market in Beijing. Photo: EPA

China’s mobile payment giants forcing incumbents to innovate

After dominating the mainland Chinese payment landscape, Alipay and WeChat Pay look to other Asian markets, forcing rivals to play catch-up

TOP PICKS

A customer scans an Alipay QR code to make a payment via a mobile phone in a market in Beijing. Photo: EPA
READ FULL ARTICLE