Is the "cashless era" risky? Why is mobile payment not popular in developed countries in Europe and the United States? Mobile payment has achieved great success in Asian countries, while European and American societies are in the field of mobile payment

Is the "cashless era" risky? Why is mobile payment not popular in developed countries in Europe and the United States?

Mobile payment has achieved great success in Asian countries, while the development of European and American societies in the field of mobile payment has been relatively slow. Reasons include reliance on traditional payment methods, security concerns about mobile payments, emphasis on personal privacy protection, and the need for social interaction. But in the long run, mobile payments are still an irreversible trend, and the support of governments and regulators is crucial.