Why doesn't the US use mobile payments?After reading it, you will understand that China leads the world

In our country - China, it can be said that you can buy a green vegetable and use itAlipay和WeChat payment.

Students as young as 7 years old and seniors as old as 80 years old are all using mobile payment.

Whether it is in a large supermarket or a street vendor, an Alipay QR code and a WeChat payment QR code are essential, which shows the prevalence of mobile payments in China.

Today's topic is why美国Not as common as mobile payment in China?

I hope that after reading this article, you will no longer have this question, let's take a look at it together.

While Americans are increasingly relying on smartphones, most people still don't use their mobile devices to make payments.However, in other countries, the situation is completely different.

China and India have witnessed rapid adoption of smartphone payments, such as China where mobile payments accounted for more than 80% of all purchases last year.In the US, usage of the main mobile payment app is below 10%.

Merchant mobile payments are generally not supported in the US

When it comes to mobile payments, American consumers are not short of options. Apple Pay, Google Pay, Samsung Pay, PayPal, Venmo, Square Cash, Zelle and other new companies looking to disrupt this list.But to accommodate these applications, businesses such as coffee shops and retail stores need the right hardware.

In the U.S., traditional shopping is still in play, with credit card spending still accounting for more than 80 percent of all purchases last year.

PayPal is the most popular non-bank payment method, chosen by 40% of users, but PayPal is mostly used for online payments. Apple payments accounted for 9% of total payments.

Merchants need to meet a certain threshold to consider a full switch to mobile payments, at least 90% of merchants need to accept it, so 1% of consumers can change their habits.

US lacks mobile payment scene

Credit cards compete for customers with cash back and travel rewards, and consumers can use one credit card to pay for gas, one for incidentals, and another for travel, depending on the rewards and cash they may receive on purchases,

Transferring payment methods to mobile devices is not easy

According to eMarketer, it is the most widely used payment app in the US with 2340 million users, Apple Pays 2200 million and Google Pays 1110 million.

The use case is so obvious for Starbucks that it may not yet exist for Apple Pay or Google Pay.

Apple's new credit card Goldman Sachs was designed with that idea in mind.

• It offers 3% cash back on Apple product purchases and 2% cash back on all Apple-related purchases;
• As well as offering 1% cash back on other purchases.
• These rewards are issued on the same day.

 "The physical Apple Card will bring liquidity to mobile apps, Apple Pay," the US expert said. "That's not the only reason Apple is launching this card, but it will certainly bring money to the rest of the ecosystem."

After reading it, it should be clear to everyone: why is mobile payment in the United States not as common as China?

Therefore, no country can completely surpass in any aspect, even the developed United States.

There are also many places in China that are developing faster than the United States. What do you think about this?You are welcome to leave your comments below.