In the opposite direction unionpay works at major US retailers directly or at least through a partnership with discover, even Alipay is available at CVS, while us processors presence in China is next to zero.
Alipay is available only through Discover. Chinese processors have no presence in the US. In the same way in China you can use Visa and Mastercard through WeChat.
Credit card processors are, as a natural aspect of their purpose, a deeply useful surveillance network.
In the opposite direction unionpay works at major US retailers directly or at least through a partnership with discover, even Alipay is available at CVS, while us processors presence in China is next to zero.
Alipay is available only through Discover. Chinese processors have no presence in the US. In the same way in China you can use Visa and Mastercard through WeChat.
Correct. A level playing field for all companies regardless of other factors is explicitly a non-goal.