I haven't had cash on me for more than a year now.
I use Alipay or WeChat for pretty much anything: groceries, bills, plane tickets, hotels, rent...
I actually have to use LastPass to remember the codes of my debit/credit cards.
Even traveling to Hong Kong feels backward; you have to go to an ATM, get money and then struggle with change in your pockets for the rest of the week.
I really hope this trend goes global and helps create a more competitive space for banks; it would be good to see them trying to innovate a bit.
I use Alipay or WeChat for pretty much anything: groceries, bills, plane tickets, hotels, rent...
I actually have to use LastPass to remember the codes of my debit/credit cards.
Even traveling to Hong Kong feels backward; you have to go to an ATM, get money and then struggle with change in your pockets for the rest of the week.
I really hope this trend goes global and helps create a more competitive space for banks; it would be good to see them trying to innovate a bit.