Mobile payments on the rise but cash decline slows
Nine in 10 mobile wallet users have their debit card loaded as their default payment method, new data shows.
Last updated: 2026-08-20 13:54:52 ET
Nine in 10 mobile wallet users have their debit card loaded as their default payment method, new data shows.
The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepening supply-demand imbalance.
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