The total transactions of China's 3rd-party online payment market grew by about 5% QoQ in Q4 2017 while mobile payment continued strong growth of 28% QoQ. Alipay, WeChat Pay, and UnionPay continue to lead these markets.
Third-party online payment in China
The transaction value of China's third-party online payment grew by 4.99% QoQ to 6,699.724 billion yuan (US$1,054.73 billion) in Q4 2017.
Within this market, Alipay remained the market leader with a share of 24.5%, followed by ...
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