Nepal has banned popular Chinese digital payment apps WeChat Pay and AliPay sayi...
KATHMANDU - Nepal has banned popular Chinese digital payment apps WeChat Pay and AliPay saying payments from the unregistered systems were illegal and resulting in a loss of income to the Himalayan nation, a spokesman for the central bank said on Wednesday.
“Any digital transaction made with unregistered foreign payment system like WeChat Pay and AliPay is illegal,” Niroula told Reuters. “Anyone using such platforms can be punished,” he said. Tencent said WeChat Pay’s overseas division “strictly complies” with all regulations in the countries it operated in.
“Alipay strictly complies with local rules and regulations in all markets where we operate, including overseas,” Ant Financial said.
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