UGN Security
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UGN Security
[Reuters] China's central bank halts Tencent, Alibaba mobile payment process
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03/14/14
03:22 PM
HONG KONG/BEIJING (Reuters) - China's central bank demanded on Friday that payments made by scanning a bar code with mobile devices be halted, hitting the payment arms of Internet companies Tencent Holdings Ltd and Alibaba Group Holding.
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