Half a billion people in China use mobile payment
2017-08-09 09:48:00

More than 100 billion transactions were completed on cashless applications in China in 2016, while the number of mobile payment users has reached half a billion this year, according to official data. China is pioneering the way towards a cashless lifestyle.

For many Chinese consumers, the idea of borrowing just doesn’t feel right. It seems like Chinese consumers have skipped credit cards and jumped straight to mobile payment apps as they are essentially a digital debit card.


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Source:CGTN Editor:Hiram