92.4% of mobile internet users in China used mobile payment. The penetration rates of Tenpay (WeChat Pay + QQ Wallet) and Alipay are 85.4% and 68.7% respectively. In personal transactions, mobile payment was most frequently used in phone top-up (69%), money transfer (63%), and red envelope sending (60%). Check out more usage scenarios below.
The penetration rate of mobile payment among mobile internet users reached as high as 92.4%, according to the report from Ipsos.
48% of payments were processed through the third-party payment platforms, among which 35% were done by mobile payment.
Mobile payment plays an important role all aspect of China internet users' daily life. Take personal transactions as an example, most users would use the mobile payment to top up the ...
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