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The Conversation
The Conversation
Wanglin Ma, Associate Professor of Economics, Lincoln University, New Zealand

China's experience with mobile payments highlights the pros and cons of a cashless society

China Alipay Internet
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An increasing number of people are using mobile devices – their smartphone, a smartwatch or tablet – to pay for goods and services. Mobile devices allow people to complete transactions without using cash or a traditional bank card, making shopping quicker and easier.

Our recent research on China’s experience with mobile payments even suggests that people who pay with mobile devices are happier than those who do not.

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