Yes To WeChat, No To Facebook - Deepstash
Yes To WeChat, No To Facebook

Yes To WeChat, No To Facebook

In the West, these systems would normally be at the mercy of the hardware gatekeepers. However, Tencent grew so powerful so rapidly in China that it even holds leverage over Apple, who allows it to process payment for its Mini Programs without taking a cut. Notably, Facebook asked for the same permissions in the West but was denied — even if it limits payments only to small tips for on-platform creators and waives its own cut.

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carrmck

Charity officer

The Payment Rails Of Metaverse: In Depth

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