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China’s Alipay and WeChat Pay : reaching rural users (English)

Chinese information technology conglomerates Alibaba and Tencent own or operate dozens of competing online businesses, and yet, their affiliate mobile wallets stand out for how they have fundamentally influenced everyday living in China’s cities. Alibaba through its dominance in e-commerce and Tencent through its mobile social media and messaging platforms (WeChat and QQ) connect mass-market audiences with their respective wallet products of Alipay...
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Aveni,Tyler Jackson; Roest,Joep.

China’s Alipay and WeChat Pay : reaching rural users (English). CGAP brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/451921533193590101

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