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China is so far ahead in consumer financial services. Even panhandlers in China use Alipay/WeChat pay. Constrast that with the west, where you need to jump thro

China is so far ahead in consumer financial services. Even panhandlers in China use Alipay/WeChat pay. Constrast that with the west, where you need to jump through way more hoops to start taking payment. The onboarding of non-Chinese users onto these platforms is going to be a huge trend in the next decade.

jsmith99 7y ago
I see plenty of buskers and homeless sellers of The Big Issue accepting contactless here in London, although still a minority.
- JohnFen 7y ago
  I see them in the US as well, although there's no way I'd ever use a card to give to a panhandler or busker. I'm barely OK with using a card with established retailers.
  - grizzles 7y ago
    That's the whole point. They use QR codes or a namespace.
sieabahlpark 7y ago
China is also at the forefront of robbing citizens of their rights. So I'm fine with our system being slow to adopt certain "luxuries" to protect ourselves. Cash is king.
boublepop 7y ago
I live in the west and we just use mobile payments without any hoops. It’s not the west that behind it’s only America that’s lagging behind the rest of the developed world.