The best explanation I have seen in a while about what sellers like about the Chinese walletshttps://twitter.com/xznyc/status/972828306868441088 …
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Faster settlement is also much loved by sellers who often struggle with cashflow. Card transactions can take days to show up in the seller’s bank account. Wallet transactions are often deposited within 24 hours.
Receiving analytics is another favorite of sellers. How many of my buyers are frequent customers? Which other shops do they buy at? And sending these customers promo codes through the chat/payment app is popular
Not having to print receipts is another godsend. Square has done this nicely for their terminals too, but this should honestly be solved at the card scheme level and that will never happenhttps://twitter.com/xznyc/status/972830639933321216 …
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