Post
Topic
Board Off-topic
Topic OP
Mobile payment in China
by
defi-Dany
on 23/07/2021, 03:25:04 UTC
Because of work, I need to live in China for a period of time. I found that China is the most widely used country for mobile payment. All aspects of life are cashless. You can go out for a day without cash, you only need a mobile phone.

1. Transportation
Whether you take a bus, taxi, subway, plane, or train, you can buy an e-ticket, just buy it on your mobile phone, and then swipe the QR code to get on the bus.


2. Shopping
Hotels, restaurants, shopping malls, even small street food shops, can pay electronically, and complete the transaction in a few seconds.

3. Transfer
If I need to transfer money to a friend, I just need to pay him directly on the chat software, no matter which bank it is, it will arrive in a few seconds, and there will be no handling fee.

Electronic payment is ubiquitous, which not only brings great convenience to life, but also lays the foundation for the launch of digital currency. People's ideas, habits, digital facilities, etc. prepare for digital currency.