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Trump targets Ant’s Alipay, WeChat Pay in latest app bans

US President Donald Trump signed an order banning US transactions with eight digital Chinese payment platforms including Ant Group Co’s Alipay in 45 days, when he’ll no longer be in office.

  • While the order takes aim at prominant Chinese platforms, apps like WeChat Pay and Alipay have their biggest customer base in greater China and the number of users in the US is relatively small.
  • President Donald Trump signed an order banning US transactions with eight Chinese software apps including Ant Group Co’s Alipay in 45 days, when he’ll no longer be in office.
  • The order is the outgoing administration’s latest bid to use national security powers against China’s largest technology companies, but it will be up to President-elect Joe Biden to decide whether to enforce the policy.

THESTAR.COM.MY 6 Jan, 2021

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Kenneth Ho

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