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Lang Xianping: Why don't people in China like to use credit cards?
People in China don't like credit cards, because banks in China are the most monopolized banks in the world with the worst service. They just don't want to spend time doing these things, which is completely different from the service bank of Bank of America. Because China's credit card has no second advantage, Alipay and Fortune Connect have emerged! Remember! The emergence of Alipay and Tenpay does not mean that our payment system has improved, but because of the monopoly of banks, it is very inconvenient for us to use credit cards.

And we can't use the American credit card payment system, and finally formed our own special payment system of Alipay and Fortune Connect. We don't have to expect the service of banks to improve in a short time, and we can't use the American credit card system.

In the United States, if a credit card is stolen, people will pay a loss of up to $50, and all other banks will bear the burden. If people call the bank to report the loss of their credit cards immediately, the $50 will not be deducted. This is absolutely impossible in China. If people's credit cards are stolen, they must pay for it themselves. If they don't pay, their interest will eat him to death. When ordinary people go to report the case, they will find that credit cards, banks and public security are all wrangling, and no one is helping.