Analysis of News relating to the Digital Money Ecosystem

Beijing subway passengers can now pay by mobile – unless it's an iPhone - South China Morning Post

16/08/2017 Link to source

Beijing subway passengers can now pay by mobile – unless it's an iPhone Beijing subway users have given a mixed response to this week's official launch of mobile phone payments on the capital's metro system in China's latest move to embrace a cashless society. Public reception of the new service has been generally positive ...

Context

	China The People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country. Since the introduction of economic reforms in 1978, China has become the world's fastest-growing major economy.
	Pay by mobile Pay by mobile bill or prepaid credit for a range of goods and services
	Mobile This relates to special considerations for use of Mobile as a channel of access for digital money services.
	Payments The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more.
	Post This describes issues that relate to the role played by postal institutions in the provision of digital money services.
	Digital Money in China 2015 An immense change has taken place in mainland China over the last 5 years over which we have carried out in-depth studies of this market. This positioned China as the largest online retail market in the world, and a leader in the use of Digital Money.

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