China's top 3 online banking players accounted for 36.7% of the total monthly active users of the online banking industry in December 2018. UnionPay QuickPass saw a high growth of 289.9% in monthly active users. Alipay's daily active users grew by 20.2% to 320 million thanks to its Wufu campaign.
Both online banking and payment & settlement platforms experienced a net increase of 105 million and 81 million monthly active users, respectively.
The number of transactions pro...
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