Matt and John start with Alipay’s recent “smile to pay” demo and end with a discussion on why WeChat went into payments in the first place. Along the way, they talk about:
- Alipay and WeChat’s money market funds
- WeChat’s new money market fund feature
- The dangers and benefits of ubiquitous facial recognition
- The role WeChat and Alipay are playing in reshaping retail banking in China
- Whether Alipay can ever become a platform like WeChat
Links
- Steve Millward: In China, KFC tests out ‘smile to pay’
- Rita Liao: WeChat Pay tries to match Alipay with addition of new mutual fund feature
- Matthew Brennan: Why Is WeChat Pushing So Hard For Charity?
- Eva Yoo: China’s central bank takes more control over mobile transactions
- Matthew Brennan: Tencent Credit Score Launching Soon On WeChat & QQ
- Emma Lee: Alipay vs WeChat: Challenges and strategies of two payment giants going global
- Eva Yoo: Video: Alibaba shows off face recognition at its cashier-less concept store
- How to leave an iTunes review
Hosts
Podcast information
- iTunes
- RSS feed
- Music: “Theme from Penguins on Parade” by Lee Rosevere, Music for Podcasts 3