this post was submitted on 20 Dec 2023
135 points (94.7% liked)
Technology
59713 readers
5909 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It'll never catch on in the US, though. We don't need the functionality that an "everything app" like WeChat would provide. WeChat took off because it filled in a big gap for its users. The US already has a robust and diversified financial market and payments infrastructure that Zuck won't have any chance of breaking into.
Still, becoming the US "WeChat" is a very wet dream for any corporation. Of course they will try.
I heard that you folks up north still send written cheques via mail and sign little papers when use a credit card, doesn't sound very robust or diversified to me
Valid, but our credit card and mobile payment penetration is way higher than China's was at the time WeChat launched, and bank relationships are notoriously sticky.