wechat alipay
235410385
Automated Payment over the Counter A study of Alipay, WeChat Wallet and Octopus currently used in Mainland China and Hong Kong
Gone are the days when cash, bank order, cheque and VISA cards are being used in department stores, supermarkets, etc. Many of us have witnessed the growing use of electronic payments (via the entering into electronic contracts) in virtual and physical shopping outlets. <br><br>This article attempts to discuss, in general, Alipay, WeChat Wallet and Octopus "the three devices" as electronic platforms, their inceptions, the circumstances under which they were developed, the pros and the cons of such devices in the East. Hopefully, this article may serve as a reference point that may contribute to the further development of electronic (automated) payments in the West in the near future. <br><br>WeChat kicked off as a communication APP, similar to WhatsApp which subsequently expanded its scope of operation, to include, inter alia, a Wallet function. WeChat's Wallet function and AliPay create QR codes on the phone's screen to be scanned by the producer/service provider's scanners. All transaction data, including the names of the supplier and customer, the product/service consumed, the amount of payment, is sent immediately via the service provider (which is an intermediate party) to AliPay or WeChat's central computers. Therefore, these two devices rely on a smooth and speedy transmission of data and the efficiency of the central computers of AliPay or WeChat. Octopus, on the other hand, uses a physical magnetic data storage card commuting on the Mass Transaction Railway "MTR" in Hong Kong. An Octopus card user charges his card and the amount of travelling expense is deducted therefrom upon his exiting the gateway of the MTR station. Further on, the Octopus has evolved to becoming a value card that allows its user to purchase items from 7 11 and other retail outlets with additional functions. To date, the maximum value stored is HK$1,000. <br><br>The authors wish to present a general picture of the current working of the three devices and focus on such use, application and the drawbacks. If space and time allow, we wish to draw a comparison between the different key working systems currently used in Asia, Europe (in particular, England) USA and Canada. <br><br>One must not, and cannot, in the outset postulate that there is a perfect system that can fit us all, nor can one deny that it may be possible to draw up some common denominators that are being shared by the more popular systems.<br>
Chee Wai Terry Wong Tat Chee Tsui
213521376
Money in the making of society? Analyzing digital payment systems Wechat Pay and Alipay from the perspective of a pragmatist anthropology of money
Les systemes de paiement numerique Alipay et Wechat Pay, crees il y a seulement quelques annees, sont desormais utilises quotidiennement par des centaines de millions de personnes. Ils sont lies aux assurances, aux fonds d'investissement et aux systemes de credit accordant des prets a la consommation et aux petites et moyennes entreprises, a une echelle sans precedent dans le systeme bancaire chinois. Et ils jouent un role central dans la redefinition de l'Etat et de la citoyennete alors que la politique economique est officiellement orientee vers l'augmentation de la consommation et que des systemes tels que le <credit social> se developpent. Ces evolutions peuvent etre saisies en partie par des analyses simmeliennes de la constitution dialectique de la liberte individuelle et de la societe, mais aussi en termes de financiarisation et de gouvernementalite. Sur la base d'observations des pratiques quotidiennes et des transformations institutionnelles, cet article propose de combiner ces approches dans une anthropologie pragmatiste de l'argent, qui se concentre sur les multiples significations et pratiques co constitutives qui font de l'argent, et voit les processus suivants se produire ensemble: la transformation des pratiques quotidiennes de l'argent, le developpement de nouvelles les relations financieres du pouvoir a travers les systemes de credit et la redefinition de la citoyennete, de l'Etat et de la nation dans le cadre institutionnel chinois. Ces processus sont au coeur de la facon dont les nouveaux systemes de paiement et de credit contribuent a redefinir l'agence et l'interaction sociale. Une anthropologie politique de la monnaie est proposee pour englober la diversite de ces processus en placant la question de la distribution monetaire et ses significations au centre de l'analyse. qui se concentre sur les multiples significations et pratiques co constitutives qui font de l'argent, et voit les processus suivants se produire ensemble: la transformation des pratiques quotidiennes de l'argent, le developpement de nouvelles relations financieres de pouvoir par le biais des systemes de credit, et la redefinition de la citoyennete, l'Etat et la nation dans le cadre institutionnel chinois. Ces processus sont au coeur de la facon dont les nouveaux systemes de paiement et de credit contribuent a redefinir l'agence et l'interaction sociale. Une anthropologie politique de la monnaie est proposee pour englober la diversite de ces processus en placant la question de la distribution monetaire et ses significations au centre de l'analyse. qui se concentre sur les multiples significations et pratiques co constitutives qui font de l'argent, et voit les processus suivants se produire ensemble: la transformation des pratiques quotidiennes de l'argent, le developpement de nouvelles relations financieres de pouvoir par le biais des systemes de credit, et la redefinition de la citoyennete, l'Etat et la nation dans le cadre institutionnel chinois. Ces processus sont au coeur de la facon dont les nouveaux systemes de paiement et de credit contribuent a redefinir l'agence et l'interaction sociale. Une anthropologie politique de la monnaie est proposee pour englober la diversite de ces processus en placant la question de la distribution monetaire et ses significations au centre de l'analyse. et la redefinition de la citoyennete, de l'Etat et de la nation dans le cadre institutionnel chinois. Ces processus sont au coeur de la facon dont les nouveaux systemes de paiement et de credit contribuent a redefinir l'agence et l'interaction sociale. Une anthropologie politique de la monnaie est proposee pour englober la diversite de ces processus en placant la question de la distribution monetaire et ses significations au centre de l'analyse. et la redefinition de la citoyennete, de l'Etat et de la nation dans le cadre institutionnel chinois. Ces processus sont au coeur de la facon dont les nouveaux systemes de paiement et de credit contribuent a redefinir l'agence et l'interaction sociale. Une anthropologie politique de la monnaie est proposee pour englober la diversite de ces processus en placant la question de la distribution monetaire et ses significations au centre de l'analyse.
Horacio Ortiz
201451553
An Anthropology of Chinese Digital Payment Systems Wechat Pay and Alipay
Digital payment systems Alipay and Wechat Pay, created only a few years ago, are now used daily by hundreds of millions of people. They are connected to credit systems providing loans for consumption and for small and medium enterprises, which did not exist on this scale in the banking system before. And they are also central in the redefinition of state and citizenship as economic policy is officially oriented towards increasing consumption and as systems such as "social credit" develop. Based on preliminary research of everyday practices and institutional settings, Horacio Ortiz proposes to approach these transformations from the point of view of a pragmatist anthropology of money. In his presentation, he focuses on the co constitutive multiple meanings and practices that make money, and sees the following processes as happening together: the transformation of daily practices of money, the development of new financial relations of power through credit systems, and the re definition of citizenship, state and nation in the particular Chinese institutional setting. A political anthropology of money is proposed to encompass the diversity of these processes putting the issue of monetary distribution and its meanings at the center of the analysis.
Horacio Ortiz
214215589
How UnionPay Quick Pass is Beating Alipay and WeChat Pay in China
The PayTech Book
Zhaoben Fang Junpeng Zhu
213395918
Theoretical and Methodological Questions in the Anthropology and Sociology of Money for the Study of Digital Payment Systems Wechat Pay and Alipay
Horacio Ortiz
210897794
The Internationalization Processes and Strategies of Chinese Mobile Payment Companies: A Case Study on Alipay and Wechat Pay
Xu Bingchun
214524932
Chinese Digital Payment Systems Wechat Pay and Alipay: An Analysis from the Point of View of a Pragmatist Anthropology of Money
Horacio Ortiz
199706515
CONTINUOUS USE INTENTION OF MOBILE PAYMENT COMPARISON OF ALIPAY ND WECHAT PAY
International Conferences on Internet Technologies Society 2019 and Sustainability, Technology and Education 2019
Faizal Tan Hyesun Hwang Hyewon Lim Joo-Hyun Park Jihyung Hong
52285011
What Drives the Use of M Payment? An Empirical Study About Alipay and WeChat Payment
With the development of e commerce and technology, a new payment method, mobile payment, is widely used. The purpose of this study is to investigate the factors affecting consumers' adoption of mobile payment. To increase the explanatory power of the model, we propose an extend technology acceptance model (TAM) containing more factors. Specially, we divide perceived risk into two main kinds, perceived financial risk and perceived information risk, to study the different mechanism. To test our model, we conducted an online survey and received 295 valid questionnaires. The result shows that perceived ease of use and perceived trust have a positive and significant impact on consumers' intention to use mobile payment. Further, we find perceived compatibility have a positive and significant impact on perceived ease of use. Beyond our expectation, perceived information risk has a positive impact on both use intention and perceived usefulness.
2018 15th International Conference on Service Systems and Service Management (ICSSSM)
Lijun Ma Xiaoyi Su Ying Yu Can Wang Kangqing Lin Meiyan Lin
1830594
Special Digital Monies: The Design of Alipay and WeChat Wallet for Mobile Payment Practices in China
While research studies of digital and mobile payment systems in HCI have pointed out design opportunities situated within informal and nuanced mobile contexts, we have not yet understood how we can design digital monies to allow users to use monies more easily in these contexts. In this study, we examined the design of Alipay and WeChat Wallet, two successful mobile payment apps in China, which have been used by Chinese users for purposes such as playing, gifting, and ceremonial practices. Through semi structured interviews with 24 Chinese users and grounded theory coding, we identified five contexts in which the flexibility and extensive functions of these payment apps have allowed these users to adaptively use digital monies in highly flexible ways. Finally, our analysis arrived at our conceptual frame special digital monies to highlight how digital monies, by allowing users to alter and define their transactional rules and pathways, could vastly expand the potential of digital monies to support users beyond standard retail contexts.
INTERACT
Yong Ming Kow Xinning Gui Waikuen Cheng