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SOCIAL NETWORK PAYMENTS REACH NEARLY $3 TRILLION

SOCIAL NETWORK PAYMENTS REACH NEARLY $3 TRILLION

A new UN study reveals that social network payments through Alipay and WeChat Pay totalled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four years. The data shows that digital payments, using existing platforms and networks, provide access to a wider range of digital financial services, expanding financial inclusion [...]

The post SOCIAL NETWORK PAYMENTS REACH NEARLY $3 TRILLION appeared first on Payments Cards & Mobile.

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