this post was submitted on 13 Oct 2024

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

submitted 1 month ago by schizoidman@lemm.ee to c/worldnews@lemmy.ml

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[–] 9point6@lemmy.world 9 points 1 month 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

[–] Gumus@lemmy.world 12 points 1 month 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.

[–] Xavienth@lemmygrad.ml 4 points 1 month 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.

[–] schizoidman@lemm.ee 3 points 1 month ago

I believe QR payments are popular in India as well.

[–] PanArab@lemmy.ml 2 points 1 month ago

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

[–] PanArab@lemmy.ml 3 points 1 month ago (1 children)

Curious they went with QR Code and not Han Xin.

[–] What_Religion_R_They@hexbear.net 3 points 1 month ago

That's pretty cool