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 …
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Replying to @BrianRoemmele
So dismissive in the west, but growing like wildfire in China. Reached a tipping point that is still way off in the West
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Replying to @paulof77 @BrianRoemmele
QR codes unquestionably more efficient means to build merchant acceptance, from low base, in developing markets. Developed markets? Unlikely
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Replying to @jamesplloyd @BrianRoemmele
Agree, but there is a snobbishness about them. So many POS offerings in west overly hi-tech & add complexities to back end systems etc.
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Replying to @paulof77 @BrianRoemmele
For sure. Interesting how the card schemes - having long been dismissive - are now coming around (India, Thailand, etc.)
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Replying to @jamesplloyd @BrianRoemmele
Alipay strategy in AU is interesting . Showing up in pharmacies near tourist hubs for folks buying vitamins etc before heading home.
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Paul, this is really good thinking. It has been the success of JCB around the world decades before. Also AmEx & Diners Club in the 1980s.
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Replying to @BrianRoemmele @jamesplloyd
Yep. The difference I think we will see is on the type of "spend". More mass appeal IMHO
0 replies 0 retweets 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
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