China's experience with mobile payments highlights the pros and cons of a cashless society
- Written by Wanglin Ma, Associate Professor of Economics, Lincoln University, New Zealand
Getty ImagesAn 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...
