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Podcast: Payments on Fire™
Episode: Episode 72 - Alipay's North American Acceptance Plan - Souheil Badran
Description: The rise of Chinese mobile payment systems is the top global mobile payments story of the last few years. Alipay and WeChat Pay serve hundreds of millions of users with payments, loyalty programs, merchant coupons, and more. QR codes are used to initiate many of these interactions especially within the point of sale (POS) domain. When there isn't a legacy payment infrastructure in place, software is easier, and cheaper, to deploy than the hardware-reliant approaches used for card-based transactions. To serve its millions of accountholders traveling around the world, Alipay is building out its acceptance...