Scan the QR code of happiness: Can mobile payment adoption make people happier?

Abstract

This research note investigates the association between mobile payment adoption and happiness. We employ the conditional mixed process model to address the selection bias and estimate the open-access 2017 Chinese General Social Survey data. Our findings reveal that mobile payment adoption significantly improves rural residents’ happiness but does not significantly influence urban residents’ happiness. Exploring gendered differences finds that regardless of urban or rural residence, females are happier than males when adopting mobile payment. Our findings suggest that promoting mobile payment adoption could bring favourable well-being returns.