China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital payments via Wechat Pay and Alipay are already the norm. Here’s what Beijing’s new system looks like—and how it would work.
Tag: cashless society
World Without Money – How Cash Is Becoming A Thing Of The Past
Cashless payments are on the rise. They are fast, easy and convenient. Worldwide, cashless transactions have become the norm.