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China's march to be the world's first cashless society: China Daily contributor, East Asia News & Top Stories - The Straits Times

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The Chinese have, to an extent, leapfrogged the credit and debit card revolution that overtook advanced economies in the last century, with most of new adopters using mobile technology to go cashless… almost two-thirds of online sales and more than one third of payments in stores were now made through leading mobile wallet operators including Alipay and WeChat Pay.

From China's march to be the world's first cashless society: China Daily contributor, East Asia News & Top Stories - The Straits Times.

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