In 2016, US$5.5 trillion worth of transactions were carried out via mobile payment systems in mainland China. Photo: Imaginechina
China’s central bank tightens security in US$5.5 trillion QR code payment services
From April, high-value transactions will be subject to multi-level verification, as service providers told to better protect users
In 2016, US$5.5 trillion worth of transactions were carried out via mobile payment systems in mainland China. Photo: Imaginechina
