Mobile payment refers to a cashless payment method using mobile devices (purchase)goods or services.
Over the past decade, mobile payment (become) the main payment method in China. Whether shopping, eating or traveling, mobile payment is everywhere and popular. It has been the business card of China's technological innovation. NFC, QR code, face (recognize)and other technologies have been combined with various production and life applications, has facilitated people's life and promoted social and technological innovation. Both online shopping and offline large shopping malls began to provide consumers mobile payment methods such as code scanning payment, (create) more convenient shopping experience.
Although credit card payment (launch) in America in the 1950s, its speed of popularizing mobile payment is very slow in the Internet era. In 2019, the scale of mobile payment in America was only $112 billion, while in China was $9 trillion. Nowadays, in daily routine, people in China (basic) only need to carry a mobile phone. Many Americans are amazed by the power and convenience (bring) by China's mobile payment.
