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