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I've never been to China, so I was a little surprised to read that the largest bill denomination is equivalent to just US$15. I wonder why the payment card indu
by brisance 16y ago
I've never been to China, so I was a little surprised to read that the largest bill denomination is equivalent to just US$15. I wonder why the payment card industry or contact-less payment systems like NFC have not taken off like they have been for decades in other Asian economies like Japan and Korea.
- jcitme 16y agothey have. google "octopus card" it's used EVERYWHERE. similar systems are in place in shanghai and beijing. alternatively, you can also look up WHY the country is cash based. it's an interesting read.