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In 1997, Bill Gates said, “We need banking but we don’t need banks.”
In other words its the FinTech services that support the ways in which consumers and businesses transact that are paving the way forward. For most, mobile devices are the centrepiece of the disruption and with that disruption, investment is following.
This infographic from lets talk payments explores the extent to which FinTech, in particular mobile payments, is taking off in China.
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