While Chinese consumers have enthusiastically embraced mobile payments at home, they are reluctant to use them while traveling abroad. Security concerns rank highly when using mobile payments overseas, with more than 37% of respondents to a survey admitting they were “not confident that it is secure or not”. Western brands have been slow to adopt Chinese mobile payments, due in part to their lack of awareness of how big mobile payments are in China. The mobile payments market is dominated by Tencent (WeChat Pay – 40%) and Alibaba (Alipay – 54%), with Apple trying to expand its tiny market share. WeChat Pay is now available in 15 countries and regions for payments in 12 currencies, while Alipay is accepted in 26 countries. Alipay was originally created by Alibaba to support its successful e-commerce platforms Taobao and Tmall, whereas Tencent’s WeChat is comparable to Whatsapp, with 800 million users.