Cashless Societies Sound Great in Theory, but Fail in Reality: A China Case Study

With the world’s most advanced and widespread digital payments infrastructure, cash is fast becoming a thing of the past in China. Internet payment giants like Alipay and TencentPay have cornered a vast domestic market and created what some see as a utopia of ubiquitous mobile payments. A  Foreign Policy report, however, shows a very different side of the supposed success…The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

Source and More information: Cashless Societies Sound Great in Theory, but Fail in Reality: A China Case Study

Author: BTCManager.com