On May 21, Tencent’s WeChat Pay rolled out a new “Palm Pay” service allowing users to make transactions by scanning the palm of their hand. Recognition of a unique palm print triggers an automatic payment through the user’s WeChat account.
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I wonder if they’ll crack down on informal economies. China is still largely undeveloped away from the cost, so cash it definitely still common. Maybe this is more control of just big cities?
I’d water it’s to also largely to determine who buys what. Cash is bad for a dictatorship
