The number of online payment users in China exceeded 854 million as of December 31, 2020, according to a CNNIC report, accounting for over 86% of internet users.
Mobile online payment users grew to 852.52 million in 2020, representing 86.5% of mobile internet users.
Third-party Payment Market
China’s third-party mobile payment market grew by 8.8% to 59.8 trillion yuan in the second quarter of 2020, according to data from iResearch.
The number of mobile online payment users ha...
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