China’s cashless economy threatens to leave its elderly—and their money—behind

enterprise · enterprise-biz-bytes · 27 Nov 2018 · 12:00 pm · 8 mins listen

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.

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