Kicking the QR payments can down the road
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
On Tuesday, the Payment Clearing Association of China (PCAC) – a body under the central bank (PBoC) – announced that merchants will no longer be required to upgrade their personal QR payment codes to commercial accounts.
WeChat and Alipay, the two biggest mobile payments providers, quickly ma...