China's "proud" mobile payment: collectively rejected by developed countries! Why?

In the early 1990s, the Internet began to be officially popularized and developed in China. Today, in just over 20 years, China's Internet has kept pace with the world and even become the world leader in some aspects. Many countries have expressed high appreciation for China's application of the Internet. On the other hand, some traditional major countries abroad have lagged behind in the Internet to an "incomprehensible" degree. Among them, "mobile payment", which makes Chinese people most proud, is one of them.

On the other hand, the status of mobile payment in major developed countries around the world is far less popular than that in China. The Japanese invented the QR code, but did not promote it. The United States has been the world leader in the mobile phone industry for many years, but has not paid attention to mobile payment. Is it possible that the whole world is heading down a wrong path, and only China is on the right path? For a cashless society, the main view of many foreign people is that it is not as real as cash and not as safe as cash. Whether it is the network environment or the institution that stores your "digital property", after a fatal blow, your property will disappear, and no matter how the currency depreciates, it is still the wealth in your hands. This is the view of Western countries on cash and cashless.

After the popularization of the Internet, people's behavior trajectories are not limited to reality. Any of your online behavior and consumption behavior can be traced, and it can even be said that you can't get rid of it. Where did you go today? What did you buy today? Who did you meet today? What are you going to do next? As long as the technology allows, obtaining this information is not a problem. Whenever you browse the Internet, you can't erase your traces. When you register an account, your mobile phone number will be collected. Then, your mobile phone will receive various promotional text messages, calls, and even malicious harassment. It is worth mentioning that in 2018, the European Union wanted to further promote a "cashless" society in order to combat money laundering, tax evasion and other behaviors. The result can be imagined. Unprecedented unity of the European people: collective opposition.

***, when your property is just a string of numbers, when you abandon cash, your consumption concept and consumption psychology will change greatly. You in front of the screen may have such an experience: the smooth use of scanning code to pay for consumption is completely different from the mentality of paying with cash. After you scan the code to pay, the string of numbers will decrease. You can't see or touch it, and your concept of personal finance will gradually become blurred. Cash consumption is visible and tangible, and the money you spend is your most real experience. Think about it the other way around. As mentioned above, why are the Japanese who invented the QR code not interested in mobile payment? Why is mobile payment still in a "wild state" in the United States, where mobile terminals are the most popular?