The big diffrence is debit card-based and credit card-based, Ant and Chinese banks take no responsibility of these one-off domestic transations and offer no consumer protection, while western banks need to worry about money-laundering and terrorism and risk management. WeChat Pay don't even offer customer support.
It's this special gated environment enabled payment tools, they just process this money and be done with it. Alipay & Wechat and Chinese banks don't care about what is your business doing are they shady or not, unlike Paypal.
It's this special gated environment enabled payment tools, they just process this money and be done with it. Alipay & Wechat and Chinese banks don't care about what is your business doing are they shady or not, unlike Paypal.