Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Mobile Payments

Mobile payment users reach 621 mln in China

Monday 2 September 2019 | 09:30 AM CET

According to a report from the China Internet Network Information Center (CNNIC), around 621 million people used mobile payments in China as of June 2019.

The number on mobile payment users is up 37.88 million compared with 2018 while about 421 million people ordered food online, up 15.16 million over the end of 2018, 417 million of whom did so on a mobile phone, up 20.37 million.

Chinese online payment platforms have tested new features that do not require a mobile phone. For example, Alipay and WeChat Pay launched online payment services using facial recognition technologies.

The government support and active promotions by banks and online payment platforms led to the expansion of Electronic Toll Collection (ETC) service in the country. By July 2019, its users totaled 91.51 million. Moreover, China's internet users totaled 854 million as of June 2019, with the internet availability rate reaching 61.2%.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement