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Where I see the cashless innovation failing deliver is where there is a state-owned enterprise providing a service. I was in Shenzhen on the weekend and had to
by angled 9y ago
Where I see the cashless innovation failing deliver is where there is a state-owned enterprise providing a service. I was in Shenzhen on the weekend and had to use cash to pay for a one-time use token to catch the subway. Lining up to pay took a good 20 minutes by itself.
The Shenzhen subway seems like an exact copy of Hong Kong's MTR, which uses the excellent and ubiquitous Octopus system. The MTR is its own entity and allowed to play favourites (or enable monopolistic behaviour).
- isostatic 9y agoI've used the metro in NYC and Washington DC this week, and will do in LA tomorrow. Strangely I couldn't just wave my phone or credit card at the barrier like I do in (state-run) London - had to actually buy something to get on board. It's almost as archaic as the (private run) busses in the UK.
- larrysalibra 9y agoNYC Subway & DC metro are state run...
- urethrafranklin 9y agoActually neither London Underground nor MTA are technically state run.