Trump administration explores restrictions on Chinese Alipay and WeChat payment platforms

Trump administration officials have stepped up behind-the-scenes talks in recent weeks about possibly restricting the expansion of Ant Group’s Alipay and Tencent Holdings Ltd.’s WeChat Pay over concerns that the digital-payment platforms threaten national security, Bloomberg News reported on Wednesday.
Apple Pay Octopus launched in Hong Kong earier this year
Lulu Yilun Chen and Jennifer Surane for Bloomberg:The Trump administration’s potential restrictions on two Chinese paymen