Logo 27 Sep 2021

Anti-monopoly in mobile payment space

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Antitrust regulations will pick up pace in the mobile payments space. That’s the message delivered by PBoC deputy governor Fan Yifei at a forum in Beijing on Friday.
ICYDK: Fan was pointing the finger at Alibaba's Alipay and Tencent's WeChat Pay, which together control over 90% of China's mobile pa...