I watched a very interesting program about a tech city in China where credit card payments are so old hat many younger staff in shops don't know what they are or how to use them. Instead they pay by QR code via their QQ account.
Seems all internet is monitored by the government and the QQ system (A sort of Whatsapp and ordering app all bundled up) is especially examined to keep an eye on citizens.
That state monitoring apart, I had a little think about payment methods here.
I can and do use:
- Credit card (I don't have one so this is s can, but not a do)
- Debit card (Direct instant payment from your bank account as in the UK)
- Prepay cards (Most shops accept at least one of the three I have) Just keep adding credit and they work. These are also used on toll roads and most car parks as well as paying for many other things.
- Go-pay. This started life as a payment system for their motorbike taxi and car riding app (Like Uber) but they added the ability to order food (I just used it) and pay using the app. So many food shops started accepting Go-pay, others realised its usefulness so jumped in and accept payments via the app using a QR code.
On-line is very common and used by a lot of people. I pay all but one of my bills online these days, almost always from my phone, the same way I top up my Go-pay account.
At the bottom of the list comes cash, an outdated mode of payment still used by many but a lot of places now have signs saying cash payments won't be accepted.
How do you pay for things, and what options are available to you?