US bans WeChat Pay, Alipay and six more Chinese payment apps

The Trump administration says that Chinese payment apps, including WeChat Pay, are a threat to national security. By Executive Order, all US transactions with these apps must cease within 45 days.WeChat PayPresident Trump has issued an Executive Order banning US transactions with a range of Chinese payment platform apps from February 18, 2021. The order says this “aggressive action” must be taken because the apps have access to the data of a large number of users.Read more…
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