Red Envelopes, Fortnite And The Rise Of Micro Money Laundering
PYMNTS
FEBRUARY 8, 2019
The country’s holiday tradition of people giving red envelopes stuffed with cash has — as befits a nation where consumers have embraced mobile payments and commerce more than just about anywhere else — turned digital. A demonstration of that truth came around again recently with the observance of the Chinese New Year in early February.
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