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 ...
Already subscribed? Sign in.
Don't Miss Out.
Invest with as little as one bottle of water per week.
Join other top analysts and business executives and navigate the unique market with China Internet Watch.
Cancel at any time
