20: Alipay vs WeChat and why smile to pay matters
Sep 08, 2017•1 hr 3 min•Ep. 20
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Episode description
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
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