Cashless in China | Why It Matters | CNA Insider

author CNA Insider   1 год. назад
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First cashless, now cashier-less in China.

Why is U.S. Copying China's WeChat For Mobile Payments?

Why is U.S. Copying China's WeChat For Mobile Payments? U.S. companies looking to copy success of Chinese social media and e-commerce blend. Scott Schober is a #cybersecurity and wireless technology expert, author of Hacked Again, host of 2 Minute CyberSecurity Briefing video podcast and CEO of Berkeley Varitronics Systems who appears regularly on Bloomberg TV, Fox Business & Fox News, CCTV America, Canadian TV News, Al Jazeera America, Arise TV as well as CNN, CBS Morning Show, MSNBC, CNBC, The Blaze, WPIX as well as local and syndicated Radio including Sirius/XM & Bloomberg Radio and NPR. Twitter: @ScottBVS Follow: https://www.linkedin.com/in/snschober Website: www.ScottSchober.com www.HackedAgain.com

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How amazing is it to live in China? Let’s hear it from a German

Check out the video by Thomas Derksen, a German widely known by his nickname “Afu” on Chinese social media, for his amazing experience in China and his admiration of the country’s booming cashless economy. “Now the time has come that we Germans start to learn from the Chinese people,” he wrote in a letter to German Chancellor Angela Merkel before the upcoming G20 summit in Hamburg.

Imagine being able to order your favourite hawker food and pay for it all within the same app. In China, that is a reality with mobile apps such as WeChat Pay, where consumers need not carry cash – ever.
Read more: cna.asia/cnainsider

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