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Apple Pay faces tough competition in China

A year after introducing its payments technology to China, Apple Inc is struggling to win share in the US$5.5 trillion market.


DONG Ximiao was buying a meal at KFC in Hangzhou on a recent Sunday and pulled out his phone to pay, like everyone does in China, when the cashier asked: "Alipay or WeChat Pay?" The problem was, Mr Dong wanted to use Apple Pay for the 36 yuan (S$7.30) bill, but the cashier told...

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