Cheng, Ya-Wen; Hsu, Su-Ying; Lo, Chu-Ping - In: Journal of Chinese Economic and Foreign Trade Studies 10 (2017) 3, pp. 252-258
Purpose Third-party payments were first introduced by the US firm PayPal. Soon after, China developed a localized version of PayPal – Alipay, which became the main payment method for online transactions in China. Currently, the number of global transactions conducted with Alipay is three times...