Mobile payments are dominant in the Asian country, while the traditional means of exchange has dwindled to near extinction, the outlet has said
Coins and banknotes have nearly disappeared from everyday life in China, according to Le Monde. From supermarkets and cafes to public transportation, most payments are now made exclusively through mobile apps such as WeChat Pay and Alipay.
The two platforms have become essential tools for daily living in the world’s second-largest economy, the outlet said on Saturday. Their logos are displayed at virtually every checkout, and many businesses no longer use traditional cash registers. Instead, vendors…
Read the full article at RT.COM
