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I'm now in China. We, in Western Europe, are really decades behind them in mobile payments. This is just so much more convenient. And yes, it's probably a priv
by odiroot 9y ago
I'm now in China. We, in Western Europe, are really decades behind them in mobile payments. This is just so much more convenient.
And yes, it's probably a privacy nightmare, I agree. But at least you can make this choice in here.
- seanmcdirmid 9y agoHow is getting your phone out and fumbling with a QR scanner more convenient than tapping your card against a RF surface?
- sfifs 9y agoIt's convenient because everyone accepts it and the transaction charges appear to be half of credit card fees (or zero if the merchant uses Tencent's escrow system). When I travel to China, as a foreigner, I'm virtually the only one carrying any cash. None of the locals carry meaningful amounts of cash any more.
- Feniks 9y agoWell some European countries don't have any transaction fees at all when using a debit card. Those mobile pay systems DO.