For those who missed it, Financial Horse is currently based in China. And one thing that has always mystified me about China is Alipay and WeChat Pay.

In Singapore, we are familiar with our Visa and Mastercard, and if that fails, we can always fall back to use good old fashioned cash. In China, it’s really all Alipay / WeChat Pay, and if you ask to use cash, you’re just going to get a blank stare.

Case in point, the first taxi ride I took from the airport to my accommodation, I asked to pay in cash, and after a short moment of stunned silence the taxi driver replied that he had no spare change