he mainland mobile payment business has grown rapidly, to the mall, to street stalls and in the vegetable market, and people like to pay with their smartphones, the news network said on October 13. The world's top 10 cashless countries are ranked by market institutions, with China only the sixth largest. Some netizens questioned, "why shouldn't China be the first to go out without a wallet?" According to the website of the Hong Kong economic journal on October 12, foreign media reported, according to market research firm Forex Bonuses recently named the world's 10 biggest leading countries in terms of non-cash transactions, Canada, Sweden and Britain ranked top three, and is ranked sixth in China. According to the report, the ranking is based on six criteria: each person has the credit card number, each person has a debit card number, number of contactless CARDS, in the past five years in the form of non-cash payment rate and non-cash payment amount, and the perception of mobile payment. Although China scores high marks on several criteria, the use of credit CARDS is low and cash is still popular, with non-cash payments accounting for only 10 per cent of total consumption, so it is underrated. The report said Canadian residents at the top of the list had more than two credit CARDS each, and 57 percent were paid in non-cash. In second place Sweden, 59% of the spending is done in non-cash. As for the UK, which ranks third, 41 per cent of pay CARDS are non-touch. The other six listed countries are France (4), the us (5), Australia (7), Germany (8), Japan (9) and Russia (10).