AliPay, WeChat Processed $3 Trillion in 2016

Chinese consumers sent about $ 3 #trillion in payments through Alibaba and Tencent payment services in #2016. According to a new report released by the UN-based Better Than Cash Alliance, users sent $ 1.7 trillion in total payments through Alibaba’s #Alipay service last year, compared to only $ 70 billion in 2012; Tencent&8217;s #WeChat users sent about $ 1.2 trillion in […]
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