What are the popular payment methods in different countries?
Payment methods vary widely across countries. For example, in the US, credit cards are very popular, while in Germany, direct bank transfers are common.
What about in Japan?
In Japan, cash is still king, but mobile payments like Suica and PayPay are gaining popularity.
Are there any unique payment methods in developing countries?
Yes, in many developing countries, mobile money services like M-Pesa in Kenya are widely used, allowing people to send and receive money via their phones.
How do these methods affect online shopping?
Different payment methods can influence online shopping by affecting transaction speed, security, and user convenience, which varies by region.
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