Electronic payment options on offer at a seafood market in Beijing. A report by the UN’s trade and development body sees e-payment overtaking credit cards as the most popular way to pay in e-commerce by 2019. Photo: EPA
Mobile payments ‘to overtake credit cards’ as preferred ways to pay in online commerce by 2019
United Nations report notes the rapid growth of e-payment systems like Alipay and PayPal, and sees blockchain-based systems also rising in prominence
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Technology
Electronic payment options on offer at a seafood market in Beijing. A report by the UN’s trade and development body sees e-payment overtaking credit cards as the most popular way to pay in e-commerce by 2019. Photo: EPA