Alipay and WeChat Partner- Rakinda

When it comes to the conversation of mobile payment in China, we will firstly think of Alipay and wechat .

But out of China, Alipay was more popular,

Rakinda, which is one of the partners of Alipay and wechat, and rakinda make the research about the reason why the Alipay is more popular in overseas.

1.The positioning between the WeChat and Alipay.

WeChat paid exactly to say that with Alipay is not consistent with the competition. Alipay is a payment tool, and WeChat pays, just based on WeChat, which is an ecosystem that provides an ecosystem of application scenarios, WeChat is an underlying architecture.

2. The gap in function

Pay the industry, the final competition is not the technology, but the application of the scene, more application scenarios, in order to have more payment possible, out of the use of payment scenes, payment is difficult to survive, Alipay came to the first, because there is Taobao, financial payment to go to the second is because Tencent, if the simple match to pay, Alipay certainly far better than TenPay, it is because the commodity characteristics of the payment basis.

Alipay supports transfer to someone else's bank card while WeChat can not. In terms of function, WeChat payment is simply used to pay. Alipay can do a lot of financial business.

3.The visibility of both

In September 2015, Paytm received a second round of financing $ 680 million, Alibaba and ants Kim became the largest shareholder of Paytm. After that, this India's largest mobile payment and business platform, Paytm, is growing fast. Now, China's mobile payment and digital technology will release the huge potential of the Indian market. On April 12, 2017, the Ants Group announced the establishment of a joint venture with the Emtek Group in Indonesia and the development of mobile payment products to provide digital financial services to Indonesian users. In addition to these, Alipay overseas duty-free shops can also be used in the international also have a certain reputation. Of course, did not belittle the meaning of WeChat payment. Social is the strength of WeChat, Alipay is expected and out of reach.

No matter which mobile payment tool win at last, as one of the partner of wechat and Alipay,

Rakinda will keep move on.

Rakinda RD4100 desktop 2d barcode scanner is a good choice for on-counter mobile payment in the supermarket, restaurant, hotel and other places. Apart from the fashion design, the good performance in reading phone screen 1D/2D barcode makes payment more efficient.