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Alipay earns around 0.1% per transaction which is less than what banks earn on debit-card swipes.
Alipay is indispensable in China. However, recent suspension of its IPO and antitrust investigation into Alibaba brought new regulatory challenges for the company.
Alipay is the largest mobile payment platform in the world.
A financial crisis is often associated with a panic or a bank run where investors sell off assets or withdraw money from savings accounts.
The best way to attain financial success is not about having a budget or avoiding debt, or even choosing the right investments, but about having a system that makes automatic wealth creation possible for you while you sleep.
Investors make a lot of stupid financial decisions based on emotions and sentiments and putting money on ‘autopilot’ saves us from giving to temptation and laziness.
Popular cryptocurrencies like Bitcoin have caught the imagination of the world, even as they remain highly volatile.
Many think of these emerging technologies like crypto coins and Blockchain as the ultimate solution to end the corporatization of the internet, along with being the means to end government intervention on liberty, currency and privacy.
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