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The Economic Times

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Govt stalls Alipay+ tie-up over data security concerns

Alipay+'s proposal to link with India's payment system faces national security concerns. Concerns also exist regarding the storage and use of customer data. This proposal was the first from a China-linked entity in the financial sector. India and China are working to maintain peace at the border. Chinese President Xi Jinping's visit is expected to stabilize bilateral relations.

4 Sep 2026 6:47 am