Indigenous payment infrastructure

[airtel]

What's new?

E-wallet on Alipay {Alibaba's equivalent to PayPal} and weChat is widely applicable, in most shops, restaurants, and public transport throughout China.

Just with a scan of barcode （sometimes plus password input) the payment is effected.

nothing new ......people will get one more option ..........many companies are already providing such services .

 

[LurkerBaba]

Transactions through India’s homegrown Unified Payments Interface -- which allows mobile apps run by retailers, airlines and other firms to take payment directly from bank accounts -- reached almost half the value of debit and credit cards swiped at stores last month, central bank data show.

https://www.bloomberg.com/news/arti...ard-upstarts-gain-in-hot-india-payments-space