Mobile payment is popular in China

The developed countries in the world, such as Sweden, have set themselves the target of becoming a completely cashless nation sooner or later. Although such an economy seems to be quite utopian for the time being, there is almost smaller amount of cash in more and more places. In China, more than one billion people pay by mobile, which is due, for example, to community cycling – origo wrote.

This phenomenon is due to the fact that the Alipay and WeChat Pay services can be used quickly and easily to make transactions, after no password is required until 100 credits (4 thousand forints), and by reading the QR code th bill is paid. (origo)