Chinese payment apps are banned in the US

The US has banned AliPay, WeChat Pay and six other payment applications. This solution will disrupt the thriving digital payments industry

A new decree from the Donald Trump administration has stumped many. Eight popular payment applications were banned. Among them:

The decree, which was signed on January 5, comes into force in 45 days. This decision was made due to disagreements between the United States and China. The US administration fears that China is collecting information about US citizens through TikTok and other applications.

In his decree, D. Trump relies on the Indian experience. Recall that the authorities of this country have introduced a ban on the widespread use of two hundred Chinese applications. According to the authorities, they are stealing data and transferring it to servers outside India.