If you didn’t already know, paying by WeChat in China has quickly overtaken cash as the most common method of payment. From meals, clothing, rent, bills, taxis, and almost everything else, paying cash was the norm. However today, apps like…

Established in Hangzhou, China in February 2004 by Alibaba Group, Alipay is a third-party mobile and online payment platform. In 2013, Alipay became the world’s largest mobile payment platform. In 2016, Alipay had a 54% part of China's US$…