Utilizing mobile devices to pay for all sorts of services has become a daily gesture in China. Along with convenience, mobile payments also bring issues that have to do with security, aging society adaptability, internet dependence, and currency transfer. In this project, we surveyed 134 mobile payment users and interviewed 5 users/experts in the field to identify potential issues of mobile pay. We worked with our sponsors at Alipay on identifying the growth factor behind mobile payments' booming and on projecting its global growth potential in the future. Our results suggested that mobile payments have been widely accepted in China and that users are mostly satisfied with the services this kind of technology offers.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Feng, Haojun
• Liu, Mingxi
• Wu, Shiyu
• Zhao, Mingxiao
• Gushi, Jorgo

Subject

• Community
• Innovation

Publisher

• Worcester Polytechnic Institute

Identifier

• 25756
• E-project-070521-054102

Mot-clé

• Technology
• Mobile Payment

Advisor

• Huang, Xinming
• Liang, Jianyu

Year

• 2021

Sponsor

• Alipay

UN Sustainable Development Goals

• 9 - Industry, Innovation and Infrastructure

Date created

• 2021-07-05

Resource type

• Interactive Qualifying Project

Rights statement

• In Copyright

Dernière modification

• 2021-09-29