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Cash May Not Be King in China Anymore, but Reject It at Your Peril

2021年01月22日 20:35 来源于 财新网
Central bank punished 16 entities in the fourth quarter for refusing to accept paper money from customers
The Beijing headquarters of the People's Bank of China.

Last November, a video of an elderly woman being told that she couldn’t pay her medical insurance in cash went viral (link in Chinese) in China, triggering a debate about mobile payments and the marginalization of older people fueled by the digital divide (数字鸿沟).

版面编辑:喻竹杨洋

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