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Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China

Research Article

Features of Digital Payment Systems in China and the Prospects for Their Implementation Around the World

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  • @INPROCEEDINGS{10.4108/eai.6-1-2023.2330223,
        author={Guoliang  Sun and Vladimir  Grigoriev},
        title={Features of Digital Payment Systems in China and the Prospects for Their Implementation Around the World},
        proceedings={Proceedings of the 2nd International Conference on Big Data Economy and Digital Management, BDEDM 2023, January 6-8, 2023, Changsha, China},
        publisher={EAI},
        proceedings_a={BDEDM},
        year={2023},
        month={6},
        keywords={information technology payment systems mobile payment systems contactless payments digital platform},
        doi={10.4108/eai.6-1-2023.2330223}
    }
    
  • Guoliang Sun
    Vladimir Grigoriev
    Year: 2023
    Features of Digital Payment Systems in China and the Prospects for Their Implementation Around the World
    BDEDM
    EAI
    DOI: 10.4108/eai.6-1-2023.2330223
Guoliang Sun1,*, Vladimir Grigoriev1
  • 1: Peoples' Friendship University of Russia (RUDN) Moscow
*Contact email: 1032208828@pfur.ru

Abstract

Today in China, the digital payment system Alipay is actively developing - an important trend in China, which serves more than 1 billion users and 80 million sellers around the world[5]. Unfortunately, today a lot of questions arise among such services. Misunderstanding of how they work, what these systems are for, what new they bring to the market, how security and privacy are ensured for consumers of these services. Thus, the relevance of the topic of the article is determined by the active growth of digital contactless payment technology in China.

Keywords
information technology payment systems mobile payment systems contactless payments digital platform
Published
2023-06-13
Publisher
EAI
http://dx.doi.org/10.4108/eai.6-1-2023.2330223
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