Mobile Payment In China

MOBILE PAYMENT IN CHINA HOW THEY ACCESS THE INTERNET 83.4% Chinese users access the Internet via Mobile 80.9% hthlr Chinese users access the Internet via PC ESTIMATED THIRD PARTY MOBILE PAYMENT MARKET IN CHINA Total Transaction Value in ( RMB Billion) •2014 -2015 - 2016 ¥5,992.47B ¥9,070.50B ¥12,159.04B · 2017 2018 ¥15,243.20B ¥18,255.98B SALES ON ALIBABA VIA MOBILE DURING SINGLES DAY EL 21% 2013 Alibaba.com 42% 2014 Mobile payments accounted for 54% of all transactions via Alipay in 2014 TOP 4 AREAS IN CHINA BY ALIPAY MOBILE PAYMENT RATIO INNER MONGOLIA 57.6% NINGXIA 58.3%, SHAANXI 59.6% TIBET 62.2% SHARE OF THIRD-PARTY MOBILE TRANSACTION VOLUME BY MOBILE PAYMENT PROVIDER 口 拉卡拉 TENPAY.COM 财 何 通 Alipay.com 79.9% 8.9% 6.5% 中国 移动 通信 CHINA MOBILE UnionPay 银联 U CHINA TELECOM 0.6% 0.4% 0.3% 百度 钱包 QIANDAI F OTHERS Baidu Wallet 0.3% 0.1% 3.0% TOP 5 MOBILE PAYMENT APPS IN CHINA ALIPAY WALLET TENPAY BESTPAY * 62.818M ¥ 1.723M 半 1.337M ALIPAY LAKALA Alipay.com ¥ 0.998M ¥ 0.778M *figures calculated in Million MAUS CHINA MOBILE PAYMENT USERS BY INCOME GROUP 13.3% 36.9% 34.4% 13.3% 2.2% 1,500 - 3,000 Yuan 5,000 - 10,000 Yuan <1500 Yuan 3,000 - 5,000 Yuan 10,000+ Yuan MOBILE PAYMENT USAGE ACTIVITIES BY POPULARITY Online Shopping Bank Transfer Credit Card Payment ШI 63.2% 36.3% 31.2% Fee Lottery Tickets Payment 25.2% 16.4% 11.6% Local Lifestyle Financial Products Mobile Apps Payment 11.2% 9.3% 9.1% Supermarket Shopping 8.7% TOP REASONS FOR USING MOBILE PAYMENT 44.2% 40.4% 36.8% CONVENIENCE OF USAGE HIGH CREDIT CARD FEE EFFICIENCY 24.9% 19.1% 18.6% LOW CHARGE EASY TO OPEN ACCOUNT SUPPLEMENT TO ONLINE PAYMENT U 15.9% 14.1% 11.3% HIGH SAFETY REQUIRED МЕТНOD OF DEALS & DISCOUNTS PAYMENT Compiled by: GO-Globe web design web applications identity seo Source: http://www.chinainternetwatch.com/12815/mobile-payment-2014/ http://thenextweb.com/asia/2014/07/21/in-china-more-peo- ple-now-access-the-internet-from-a-mobile-device-than-a-pc/ http://www.digitaltrends.com/mobile/alibaba-mobile-wallet-app-use-increase-china/ http://www.chinainternetwatch.com/11343/alipay-online-expenditure-volume-exceeded-42-3-bln-in-10-years/ http://www.iresearchchina.com/views/5901.html http://technews.co/2014/12/07/iresearch-tenpay-comprises-over-19-of-china-online-payments-in-q3/ http://www.chinainternetwatch.com/10561/mobile-payment-users-insight/ http://www.chinainternetwatch.com/10007/online-payment-mobile-apps-sep-2014/