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submitted 11 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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[-] TurboDiesel@lemmy.world 15 points 11 months ago* (last edited 11 months ago)

It'll never catch on in the US, though. We don't need the functionality that an "everything app" like WeChat would provide. WeChat took off because it filled in a big gap for its users. The US already has a robust and diversified financial market and payments infrastructure that Zuck won't have any chance of breaking into.

[-] Plopp@lemmy.world 8 points 11 months ago

Still, becoming the US "WeChat" is a very wet dream for any corporation. Of course they will try.

[-] demonsword@lemmy.world 4 points 11 months ago

The US already has a robust and diversified financial market and payments infrastructure

I heard that you folks up north still send written cheques via mail and sign little papers when use a credit card, doesn't sound very robust or diversified to me

[-] TurboDiesel@lemmy.world 1 points 11 months ago

Valid, but our credit card and mobile payment penetration is way higher than China's was at the time WeChat launched, and bank relationships are notoriously sticky.

this post was submitted on 20 Dec 2023
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