enjoy mobile payment features with WeChat Pay, and much more. This is done to prevent the loss of foreign. WeChat is more than a messaging and social media app it is a lifestyle for one billion. The attepted ban on TikTok also resulted in a new, US-based TikTok business backed by US investors, including Oracle and Walmart. Nepal Rastra Bank, the central bank of Nepal, banned the use of Chinese digital wallets Alipay and WeChat Pay. The attempted ban on WeChat is currently hitting legal roadblocks and is unlikely to be implemented anytime soon, while the TikTok ban has been blocked by two federal judges. Read more: While you weren't looking, everything with China went off the rails The ban was a result of months of scrutiny from US lawmakers, who felt the apps' ties to China - TikTok was created by ByteDance while WeChat is produced by Tencent, both Chinese firms - made them security risks for US users. By Executive Order, all US transactions with these apps must cease within 45 days. The latest ban follows an executive order by the Trump administration earlier this year that banned the apps TikTok and WeChat from US app stores. The Trump administration says that Chinese payment apps, including WeChat Pay, are a threat to national security. The orders claimed that the apps threatened the personal information of. QQ, a popular instant messaging app, and its payments service, QQ Wallet, are owned by WeChat parent company Tencent and are also included in the ban. The Trump Executive Orders 13942, 13943, and 13971 said ' that additional steps must be taken' in banning the two apps, as well as Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay, and WPS Office, because they have ties to companies in China. Alipay and WeChat Pay, the payments arm of messaging app WeChat, are the most-used payments apps in China.

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