World News

32283 readers

661 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

[email protected]

Vietnam, China sign QR code payment, agriculture deals as leaders meet (www.bangkokpost.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

9 comments fedilink hide all child comments

all 10 comments

sorted by: hot top controversial new old

[–] [email protected] 9 points 3 weeks ago (4 children)

I gotta wonder why QR payment has gotten so popular in East Asia and basically nowhere else

What's the difference driving this

[–] [email protected] 12 points 3 weeks ago (1 children)

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.

[–] [email protected] 4 points 3 weeks ago

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.

[–] [email protected] 3 points 3 weeks ago

I believe QR payments are popular in India as well.

[–] [email protected] 2 points 3 weeks ago

My guess is the greater capacity allowing for the encoding of Chinese and other non-ASCII characters

[–] [email protected] 4 points 3 weeks ago (1 children)

Curious they went with QR Code and not Han Xin.

[–] [email protected] 3 points 3 weeks ago

That's pretty cool