Financial payments is a cartel wherever you go. In China it's not better, it's just different players; AliPay and WePay. In fact UnionPay is probably more of a

Financial payments is a cartel wherever you go. In China it's not better, it's just different players; AliPay and WePay. In fact UnionPay is probably more of a cartel since it's the only card authorizer in China. A couple of companies have tried their hand at a western mega-app, most notably Meta, and you could consider Apple close, but for the most part the consumers are not super interested.