VR payment system, Alibaba Group, Hangzhou, Zhejiang, China

https://youtu.be/eptEqanhVdA

Alibaba reveals world's first VR payment system

Published on Oct 21, 2016

Quote:

One of the most popular catchphrases in the tech world this year is VR, virtual reality. And it won't surprise you that the VR industry is branching out to be more than just an entertainment device. Alibaba subsidiary Ant Financial has just revealed the world's first payment application that can work in the virtual world. The company aims to roll out its VR Pay by the end of the year. While it sounds cool enough, is your wallet ready for it? CCTV’s Xu Xinchen has more.