this post was submitted on 20 Dec 2023
132 points (94.6% liked)

Technology

59111 readers
4435 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 4 points 10 months ago (1 children)

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

[โ€“] [email protected] 1 points 10 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.