Confounding to most in the west, China's QR code payment systems are growing spectacularly. So much to learn in the US. Huge opportunities.https://twitter.com/techmeme/status/869364209506758656 …
Bin, great point sir. The settled on one low common denominator. Could have been sonic.
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1) Couldn't agree more on this. My point is the mobile payment success is due large part to building of the eco-system first,
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2) That's why Tencent and Alibaba spent billions on Didi Chxing to get the eco-system going and people get used to mobile payment
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3) My point is the sequence is important, build the eco-system first, then QR code or whatever will follow.
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4) That's why we built the QR code based mobile payment in Australia in 2009 but didn't take off, because we didn't build the eco-system.
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