EO bans Alipay/ANT/WeChat pay/..

An EO has been signed that may ban Alipay/ANT/WeChat Pay in 45 days from now.

Does anybody know the gov processes in making this happen? Or how tech companies would deal with this?
Does this potentially mean we may have to use paypal going forward?

ps: Please can we all not discuss any politics regarding this matter for the sake of our friendships here. Thank you!

edit: full text
https://www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-posed-applications-software-developed-controlled-chinese-companies/

For those that don't know,

EO = Executive Order

...

Maybe the next president of the United States will reverse the order before it goes into effect?

It will be reversed 100%, even if it weren’t judges would probably throw it out.

The U.S. and China aren't on the best of terms, but the U.S. has much worse enemies than China.

I think that expending any amount of energy to thumb our nose at China is kinda a waste of time.

We have bigger fish to fry.

i mean are you using alipay/wechat pay to buy flashlights now? or anything else? im chinese, and i dont even use it for anything, and theres almost always another option, cc, paypal, debit, etc. i dont think its gonna affect us too much.

Good point.

I don't use an app to pay for anything.

I either use PayPal or my credit card, so this won't be affecting me much.

Maybe there is a misunderstanding on my end - all of my purchases on Aliexpress show up on my statements as “Alipay” - and then a location. so
“Alipay Singapore” for payments via Paypal
www.aliexpress.com” CC
Aliexpress.com” CC
“Aliexpress” CC

I believe that all of these payments are handled via the Alipay network?
So using Alipay via Aliexpress app is permitted, but not via the Alipay app?

well you’re not using alipay via aliexpress, you’re using your own paypal or cc, whether or not aliexpress uses alipay from that point on is up to them, i believe if the ban takes place and stays in place, its only for your own payment method, no?

The article that you linked to talks about an app, and I don't use an app to pay, so I won't be directly affected.

ok, if it just for the Alipay app, then I personally wouldn’t be affected either.

Luckily I’m not from or in the US, so no matter how this turns out it won’t affect me.