30
Vietnam, China sign QR code payment, agriculture deals as leaders meet
(www.bangkokpost.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Oct 2024
30 points (100.0% liked)
World News
32230 readers
867 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
I gotta wonder why QR payment has gotten so popular in East Asia and basically nowhere else
What's the difference driving this
They basically skipped cards and moved from cash to app transfers. QR code is a natural extension of the app to make contactless payments accessible.
You also don't need a payment terminal. Even adoption of card payment in the West has never been fully ubiquitous (though it's pretty close now) because of the need for a payment terminal.
I believe QR payments are popular in India as well.
Very similar to how no one in India and perhaps most of Asia uses voicemail.
Or how noone uses the default phone messaging app outside of the US.
Does anyone actually use voicemail anymore
My guess is the greater capacity allowing for the encoding of Chinese and other non-ASCII characters