I think you should also highlight how it is different from China’s Alipay or similar payment vendor system in Europe and the US - it is a unified payment system, there is little to no fee for transaction, and you’re not locked to a eco-system, like Apple, or PayPal. But it is absolutely horrible when it comes to privacy.
the difference is this is unified and government maintained, alipay or any payment vendor’s you have to use their apps, and you can only send money to people who have accounts in their apps, here it’s maintained by government no need to make any account anywhere, just direct bank to bank transfer with just phone number and QR code. and more importantly no transaction fees
I think you should also highlight how it is different from China’s Alipay or similar payment vendor system in Europe and the US - it is a unified payment system, there is little to no fee for transaction, and you’re not locked to a eco-system, like Apple, or PayPal. But it is absolutely horrible when it comes to privacy.
Reading OPs description, I did wonder.
the difference is this is unified and government maintained, alipay or any payment vendor’s you have to use their apps, and you can only send money to people who have accounts in their apps, here it’s maintained by government no need to make any account anywhere, just direct bank to bank transfer with just phone number and QR code. and more importantly no transaction fees