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Tencent and Alipay set to lose $1bn in revenue from payment rules | Financial Times

Tencent and Alipay set to lose $1bn in revenue from payment rules | Financial Times: China’s two mobile payments giants, Alipay and�Tencent, are poised to lose around $1bn in combined annual revenue to a new central bank requirement that third-party payment groups hold all customer funds in reserve.�

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