China’s cashless economy threatens to leave its elderly—and their money—behind
Richard Bradbury | Christine Wong | Arvindh Yuvaraj
The cutting-edge payment method is rapidly becoming so common in Beijing and other large cities that experts have begun referring to the Chinese capital as a prototype of the futuristic cashless society. In 2017, the country saw $15 trillion (paywall) in mobile payments - yet some people still struggle with going cashless.
Download the BFM mobile app. Stay at home and stay up-to-date.