Global

The QR Code Resurgence: How Street Vendors in Asia Lead the Digital Payment Revolution

“Although Asian markets had much higher usage rates of cash than Europe and the United States, where debit and credit cards are more common, the move to mobile payments has been much faster in the East. This is partly due to more legacy infrastructure in the West, as well as old payment mechanisms, such as checks, which haven’t been retired even as new options moved to the front.”