WeChat only had 1.6 million downloads last year and AliPay just over 207,000, according to data from Sensor Tower. While billions use the apps in China, Bloomberg notes that in the U.S. Ultimately, though, if the ban is enacted it presents more of a political problem in U.S.-Chinese relations than a threat to AliPay or WeChat’s businesses. The Perceived Impact of the Proposed WeChat Ban in American Companies Doing Business in China 88 of American companies feel that banning WeChat on all.

AliPay, WeChat, and the other companies could fight the executive order in the courts, just as TikTok and WeChat did against earlier Trump executive orders. When President-elect Joe Biden assumes the presidency, it’s possible he could simply decide not to enforce Trump’s executive order. For starters, the ban is not scheduled to come into effect until 31 days after Trump leaves office. Thus, Trump officials say, the CCP could use the apps to surveil Americans-including government officials.īut though Trump has signed the executive order, there is still a chance the ban will never come into effect. By Executive Order, all US transactions with these apps must cease within 45 days. Administration officials say this information can eventually land in the hands of the Chinese Communist Party due to Chinese laws that make it easy for the government to compel Chinese companies to hand over user data. JanuUS Bans WeChat Pay, Alipay and Six More Chinese Payment Apps Slashdot newsfeed The Trump administration says that Chinese payment apps, including WeChat Pay, are a threat to national security. AliPay, WeChat Pay, and the other apps can collect user information, including financial transactions and location data, among other metrics.

The Trump administration says the ban on the apps is needed due to national security concerns.

Bans wechat pay six more chinese