How dangerous is "cashless"? Why don’t developed countries use Alipay and WeChat Pay?

The promotion and popularization of mobile payment in our country is very effective, but in developed countries, convenient mobile payment does not seem to be very popular. They are unwilling to use Alipay and WeChat. On the one hand, they are worried about the leakage of personal privacy information. Secondly, they are also worried about the security of their account funds. Finally, they are also restricted by mobile networks. Given the existence of these reasons, developed countries are not keen on using mobile payments. People here prefer to use credit cards for consumption.

We are in an era of Internet of Everything, and the development of the Internet has brought various conveniences to our lives. It allows us to shop and eat nearby delicious food without leaving home; we don’t need to carry cash when we go out, we only need a mobile phone to solve the payment problem. With facial recognition payment, even the mobile phone is no longer needed. It is precisely because of this reason that mobile payment is very popular in our country. The two giants in the industry are WeChat and Alipay.

Today, with the development of mobile payment in full swing, in many developed countries in the West, the implementation effect is not good. It's not that they don't have such technology, but that people are unwilling to use it. With such a mentality, even Apple pay, launched by Apple, is not popular with people. I personally summarized that people in developed countries are unwilling to use mobile payments for the following reasons. 1. Worry about privacy leakage

Mobile payment is operated by a third-party platform and builds a bridge between users and banks, allowing the entire transaction process to be smoothly realized. Normally, there would be no problems with this payment model; but once a problem occurs, it will be a big deal. As giants in the industry, Alipay and WeChat have both made mistakes. Although the time was short-lived, they still caused panic and uneasiness to many users.

Payment is a big thing, related to the security of our account funds. Therefore, when using mobile payment, there are very strict requirements for personal identity information verification. Being able to use mobile payment means that we hand over all our personally identifiable information to third-party platforms. In such a situation, the risk of personal privacy leakage will increase. Even if the platform does not intentionally leak it, it may be attacked, causing a large amount of personal information to be leaked.

The various types of precise sales calls and fraudulent calls we receive in our daily life are the negative consequences of leaking personal identity information. In serious cases, personal information can be used by criminals to commit crimes, causing harm to individuals and society. 2. Fear of fraud and theft of funds

“Cashless” will turn our mobile phones into a vital item. There is a lot of personal information in the mobile phone, and once the third-party software is cracked, all the money in our account can be easily transferred. After losing their mobile phones, many people spend a lot of money to find them. This incident also illustrates the important position that mobile phones occupy in the "cashless" era.

The use of mobile payment allows us to link bank cards and funds with software. Theft of this type of account is also a very dangerous thing, which means that the other party can control our property and is not restricted by time or location. Taking advantage of this weakness, it is also easier to commit fraud. Various disguised QR codes make it difficult for user groups to prevent them. Many people have had their accounts stolen and funds transferred away just because they scanned the QR code. 3. It is not convenient to use

Mobile payment is based on the mobile network. In our country, we may not have a deep experience of this. We think that there are mobile networks all over the country, and using mobile payment is A very convenient thing. It not only avoids the trouble of carrying cash, but also saves the effort of finding change, so everyone is willing to use mobile payment and recognize this payment method.

The same situation does not apply abroad. Even developed countries are not able to achieve full signal coverage, not because they do not have the strength, but because they put their interests first and do not do such things with large investments and low returns. Developed countries will not build signal towers in inaccessible places. Just because building signal towers here does not bring economic benefits.

Where there are no signal towers, mobile network use is bound to be affected. Using mobile payment without network support is a painful thing. Payments that are close at hand can be delayed because of poor network. This also affects mobile payment, which is promoted in developed countries. Payment habits in developed countries: using credit cards

We are no strangers to credit cards. Many people use credit cards in life, but it is not common for people to use credit cards to pay everywhere. People in developed Western countries prefer using credit cards to mobile payments; this method of using it first, paying it back later, and being safe is more popular with them. This is another huge difference between China and the West.

In my personal opinion, there are indeed many hidden dangers in the use of mobile payment. Everything is easy when there is an Internet connection. If one day in the future, there is a large-scale network outage, people who rely on mobile payment will be the first to be affected. Therefore, in daily life, you should still keep an appropriate amount of cash at home to prepare for emergencies.