China cashing out as mobile payment soars
Gross merchandise value of third party mobile payment rises over 200% to 38t yuan in 2016 from 2015: iResearch
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Beijing
YANG Qianqian holds out her smartphone to scan a barcode on the mobile of a vendor selling fresh fruit and vegetables at a bustling outdoor market in Beijing.
The dance student is part of an explosion in the use of mobile payment platforms in China as consumers increasingly take out phones instead of cash to pay for everything from a cup of coffee to a language class or a petrol bill.
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