WeChat phenomenon: How a messaging app helped spark China’s cashless revolution

The way Chinese consumers pay, shop and look for services has changed in the three years since a bright (red) idea opened up millions of e-wallets.

Read more at http://www.channelnewsasia.com/news/cnainsider/wechat-china-cashless-revolution-9353998

By Derrick A Paulo

29 Oct 2017 07:15AM

Ricky Lim · 

Singapore

(1) Those who pay cash - pay $5 for a bowl of noodle.
(2) Those who pay by mWallet QR code - pay $4.50 for the same bowl of noodle.

mWallet QRcode e-Payment - sure will pick up (because those who pay cash is subsidising the ePayment).

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