How China got a head start in fintech, and why the West won’t catch up

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Payment apps like Alipay and WeChat transformed daily life in China. The West won’t see a similar payments revolution—and that might even be a good thing.

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This news first appeared on https://www.technologyreview.com/s/612600/how-china-got-a-head-start-in-fintech-and-why-the-west-wont-catch-up/ under the title “How China got a head start in fintech, and why the West won’t catch up”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.