U.S. Banks Are Terrified of Chinese Payment Apps
May 20, 2019
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2:13Now PlayingU.S. Banks Are Terrified of Chinese Payment Apps
YouTube Description
as posted by the channelIf mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake explains how cheap and easy payments by phone are threatening one of the banking industry's most profitable businesses.
Video by Robin Fall
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