China's Mobile Wallet-Free Lifestyle via WeChat Pay & Alipay (video)

China's Great Leap Into Wallet-Free Living

No cash? No problem. A trip to Shenzhen, China highlights how the explosive growth of mobile payments is driving a wallet-free society. WSJ's Jason Bellini reports. Wall Street Journal (wsj.com) video above published Jan 18, 2018.
China is living the future of mobile pay right now | CNBC.com 8 Oct 2017: "Mainland Chinese stores and services are increasingly centered around mobile pay apps like WeChat Pay and Alipay. Chinese mobile payment volume more than doubled to $5 trillion in 2016, according to Analysys data cited by Hillhouse Capital. Mobile pay is growing so rapidly in mainland China that as a foreigner, I sometimes found it difficult to complete basic transactions without it. The dominance of mobile transactions lends itself to greater data collection by the Chinese government."
Mobile Internet Users in China
China's GDP 1960-2016
China's Mobile-Payment Market 2017
Leading Mobile Payment Platforms in China: WeChat Pay, Alipay

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