Will Legally Entering Indonesia in 2020, What is Exactly WeChat and Alipay?
Fintech, a well-known payment from China, WeChat and Alipay, will legally enter Indonesia in 2020.Then, what exactly is WeChat and Alipay?
PT Bank Central Asia Tbk is an acquirer (service provider) that works with Alipay and WeChat to provide EDC (Electronic Data Capture) machines for each service using both digital payment channels.
Then, what exactly is WeChat and Alipay?
Both are giant digital payment systems used by almost 93 percent of users of digital financial services in China.
Alipay itself is a payment system owned by giant e-commerce from China, Alibaba.
Quoted from Techgenix, Alipay was originally an escrow system on an online shopping site from China, Taobao.
Until then, Alipay continues to grow and its users increasingly benefit from making transactions.
It is difficult to find an equivalent comparison to be juxtaposed with Alipay and Wechat.
Both can be said to be social networking systems like Facebook, which provides short message services, like WhatsApp, as well as other services such as PayPal, even Uber messaging services in one application.
China is now the largest e-commerce market in the world. They account for more than 40 percent of the value of e-commerce transactions worldwide.
|Here's How to Use Your Credit Card for Holidays to Get Lots of Profit|
|This Weekend, Giant Retail Stores Holds Discount Promo Up To 45 Percent|
|Welcoming Christmas and New Year 2020, Here's Lion Air Preparation|
|The Road To Government Office in Sekupang Gets Full of Garbage Piles|
|Rupiah Weakened, 2 of 6 National Banks Start Selling Dollars Above IDR 14,200|