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Technology World - China is leading the way towards cashless society

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A citizen scans a QR code via mobile payment service Alipay of Alibaba Group on his smartphone to pay for vegetables at a market in Hangzhou city
Source: AAP Image/ Imaginechina via AP Images

Technology World. According to Chinadaily.com.cn, China’s mobile payments for the first 10 months of 2017 exceeded A$17 trillion. Two payment giants Alipay and WeChat Pay are dominating the market. Technology professional Mr Willie Lo discusses the factors behind the rapid growth of China’s mobile payment market.

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By Jennifer Mok

Source: SBS

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Technology World. According to Chinadaily.com.cn, China’s mobile payments for the first 10 months of 2017 exceeded A$17 trillion. Two payment giants Alipay and WeChat Pay are dominating the market. Technology professional Mr Willie Lo discusses the factors behind the rapid growth of China’s mobile payment market.

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