With the progress of technology and the development of Payment methods, more and more countries and regions are becoming free of cash payment gradually.
There are more than 500 million Mobile Payment users in China and about 400 million users pay on their smartphones while shopping in physical stores, according to figures released by China Internet Network Information Center (CNNIC).
Related Articles
With QR codes becoming a popular payment option, Alipay and Wechat Pay, two major third-party mobile payment tools in China, will run campaigns in August to bring more merchants and customers into the cashless world.
| image credit: internet |
Li Jun bought a box of chocolate at Shanghai Hongqiao International Airport. "The original price was 69 yuan (10 U.S. dollars), but I only paid 61 yuan because of Wechat's promotion," Li said. She also got awards in her Wechat Pay account.
"I can pay with my smartphone at almost all shops at the airport," Li said.
Wang Meijuan can hardly recall when she last paid in cash. Whether it is having meals in restaurants, taking a taxi, or shopping at supermarkets, Wang said she paid everything with her smartphone instead of card or cash.
Cashless payment has also become popular among senior citizens. Nie Lina, 62, has learnt to shop online and order take-away from restaurants on her smartphone.
During Alipay's Cashless City Week, participation by users aged above 50 increased by ten-fold compared to the same period last year.
Free services in global trade:
Follow us:
You can also contact eGTCP.com directly via mail or phone.
Email: [email protected] Tel: +86 400-159-8448
This post first appeared on The Key To Keep Your Business Strong As China Devalues Yuan, please read the originial post: here
