More than 70% of Chinese Internet users think carrying cash is not necessary in daily life any more because payment methods such as China Union Pay and online payments become increasingly popular. Using cellphones, people can now register at hospitals online and pay medical fees by scanning QR codes.
In some cities like Beijing, most small shops accept cashless payment methods. People can use Alipay in more than 200 million restaurants and supermarkets, 800,000 parking spaces and 20,000 gas stations across China, according to Alipay. The Payments and Clearing Association of China said that 47.5% of users like to use mobile payments because they need not use cash or bank cards.
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