MANY BRANDS HAVE BOUGHT INTO CHINA'S CRAZE FOR MOBILE PAYMENTS.

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    • Subject Terms:
      CHINA
    • Abstract:
      The article discusses the rising number of brands and retailers in China accepting mobile payments such as Alipay of the Alibaba Group, Apple Pay and WeChat Pay of Tencent Holdings while others are still holding out. Topics covered include mom-and-pop shops accepting Chinese mobile payments as well as 7-Eleven stores, McDonalds and KFC. Also cited are brands that do not accept Chinese mobile payments including Ray Ban of Luxottica Group, Coach and Moleskin notebook as well as retailer H&M.