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  2. Alipay - Wikipedia

    en.wikipedia.org/wiki/Alipay

    Alipay proposed a partnership with Sberbank to provide immediate money transfers by cellphone number between Russia and China by 2022: the proposal pre-dates the Russian invasion of Ukraine in 2022, which resulted in Visa and Mastercard suspending operations in the Russia. [76]

  3. WeChat Pay - Wikipedia

    en.wikipedia.org/wiki/WeChat_Pay

    WeChat Pay's main competitor in China and the market leader in online payments is Alibaba Group's Alipay. Alibaba company founder Jack Ma considered the red envelope feature to be a "Pearl Harbor moment", as it began to erode Alipay's historic dominance in the online payments industry in China, especially in peer-to-peer money transfer. The ...

  4. QR code payment - Wikipedia

    en.wikipedia.org/wiki/QR_code_payment

    The first mobile wallet app for cryptocurrency Bitcoin featured the ability to send and receive payments with QR codes in March 2011. [5] In 2011, Chinese company Alipay designed a QR code payment method which allowed partnering offline stores to accept payment by scanning an individual's QR code in Alipay Wallet. [6]

  5. Mobile payment - Wikipedia

    en.wikipedia.org/wiki/Mobile_payment

    The consumer can purchase goods, transfer money to a peer, cash out, and cash in. [55] A 'mini wallet' account can be opened as simply as entering *700# on the mobile phone, [56] presumably by depositing money at a participating local merchant and the mobile phone number. Presumably, other transactions are similarly accomplished by entering ...

  6. 7 Best Money Transfer Apps - AOL

    www.aol.com/best-money-transfer-apps-2023...

    Best for social money transfers: Venmo. Best for service coverage: Western Union. Best for international transfers: WorldRemit. Best for no-fee transfers: Zelle. 1. Cash App. Best for simplicity ...

  7. Ant Group - Wikipedia

    en.wikipedia.org/wiki/Ant_Group

    Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group.The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥118 trillion in June 2020.

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