Hey amigos! 😎 Ever wondered how China is making payments cooler than your favorite app? Well, according to Hariram Chakraborthy Janakiraman, the head of industry and innovation at ANZ Bank, the rest of the world has a lot to learn from China's embedded payment system. 💰📱
Speaking with CGTN's Michael Wang at Sibos 2024, Janakiraman spilled the beans on how China's \"open banking\" experience is changing the game. 🎮 Imagine using multiple services all from a single platform, and being able to switch between service providers as easily as changing songs on your playlist. 🎧 That's the level of portability and seamlessness China has achieved!
This isn't just about convenience; it's a revolution in how we handle money. 🤑 Other markets could totally benefit from adopting these innovations. Just think about the possibilities! 🌟
So, are we ready to level up and embrace China's payment magic? ✨ The future of finance might be closer than we think!
Reference(s):
Other markets can learn from China's payment experiences: ANZ
cgtn.com
