A sign can be seen on the streets in Beijing, which says, "the wechat begging day!" and raise the side sitting on a beggar, a smart phone in hand! A few years ago from the grocery store would be Billy handbill, "Please pay using your Smartphone", etc text generously posted.
Chinese regular view. The city is famed as the Silicon Valley of the East, Schengen may kaguse meaning mandhata of era in Qatar. The nearest neighboring Hong Kong, from its residents, even if they have made a difference just by changing living radically. Some people are now using cash at work everyday. Some may be thinking of a serious crisis, with controls, but they are just falling for months. In other words, that we as future economy economic system cashless thought in China now.
Cash took out from there with credit card-based transactions. Smartphone revolution that only in the past decade, the benefits for China. "Facility for the" feel it is not right, the smart phone revolution in China contributed a little.
Only mobile app they are all economic transactions. Because you don't need to use the thousands of apps, only two mega app all their daily needs. While China has strict attention, Facebook Messenger whatsapp banned last year, South Korea had banned apps in 2009 ' line '; The Chinese Government is keeping their trust in Chinese two apps that new construction in this economy! So tennester ' wechat ' and aloorbaba ' Alipay has become China's "electronic wallet.
In China, the General cafe or out in cash or credit card payment is not the way to enjoy now. No matter how little or big Bill, you "of the two apps q and code: scan, then you need to pay your Bill. As it turns out, only 2016 has been all over China by mobile transactions in nine trillion dollars. Where the amount of mobile payment in the United States, only 112 billion dollars.
There is a daily work where people are using mobile payment. Before eating in the restaurant orders with mobile, Alles Bill and payment. And the match off!
The need to transport someone to eat in a restaurant, he will also be working app uses both. The city's busiest places to turn in into treasured bicycle ride through any mobile payment in sit. Because the scan QR codes behind the bicycle app will be a code on mobile payments. The nomrobrparik code behind a bike is a bike lock will open the press. The only way to solve the taxicab and rental wechat or Alipay.
China Mobile launched in the broader culture of payment like Alibaba's Huma super market. There are given with each product, scan the QR code all the information about the product. And you need to use to payments Alipay.
Whenever the customer scans anything, it goes straight to Alip's database. There they are analyzing, who is like a buyer The app is displaying new products to customers by buying a product, where to buy, how much to spend, etc. There is not much of a pity on the confidentiality of personal information, this is the main negative aspect of this appetite transaction. However, compared to the people of the Western world, the people of China are not much worried about their 'data privacy'.
"It's the beginning of the year 2004, Alipay was the name of one of Alibaba taobao online market for mobile payment. By 2009 they launched mobile wallet service, so that customers could have their money in the transaction. The entrepreneurs in the eyes of many whites escaped, time; That is the maximum use of his work with Alibaba's market researchers. And it's great value too.
In 2009 China Mobile was only 220 million Internet users, nearly tripled in eight years in 2016 the amount which increases begin at half past six "million.
With the increase in mobile Internet users are mobile payments to increase with scale rates. As a result, mobile payment users stand in 2016 and 400 million in 2012, which was only 50 million.
The growth of China's GDP that changes overnight, made up of Alibaba to heat his future projects are given the economy's current China inform courses.
Famous wechat in China in 2013 was launched on the mobile payment application system. And it has to change everyday life overnight transaction fields. Three years after 40 percent of China's mobile payment transaction is captured wechat.
So little time, so much the main reason for the popularity of wechat, one of many things inside. In other words, a single app that does a job every day. And these small apps for every specific task, so that the mobile screen floating in the real world. Mobile payments ranging from doctor's appointments, a police station, hired transport, video conferencing, GD, emergency force such as the fire service, police news, even friends or family all adordabazar is only a single app.
So little time, so much the main reason for the popularity of wechat, one of many things inside. In other words, a single app that does a job every day. And these small apps for every specific task, so that the mobile screen floating in the real world. Mobile payments ranging from doctor's appointments, a police station, hired transport, video conferencing, GD, emergency force such as the fire service, police news, even friends or family all addabazi is only a single app.
In the case of technology, fully cashless finance system will be developed worldwide and in the coming decade Like bitcoin, cryptoconcin and protective technologies like Blockchain will take it to new levels. Our Bangladesh is ready to face the time?
Feature Image: thebeijinger.com