0
Wireless

China's m-payment market jumps 800% in 2013

Monday 24 February 2014 | 23:59 CET | News
China's mobile payment market in 2013 grew 800.3 percent year-on-year with overall transactions hitting CNY 1.30 trillion. The increase was driven by general transfers and credit card payments, especially through Alipay and Lakala, according to Analysys International. Alipay led the market with a 69.6 percent share, followed by Lakala with 17.8 percent, and Tenpay with a 3.3 percent share of the market. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Alipay
Countries: China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Alipay to invest in mobile payment security

Published 10 Apr 2014 02:57 CET | China
The payment unit of Chinese e-commerce firm Alibaba Group, Alipay, will invest CNY 40 million to create an online payment ...

Q4 smartphone sales hit 97.6 mln in China

Published 18 Mar 2014 03:05 CET | China
Mobile phone sales in China hit 106.83 million (excluding parallel imports) in Q4, up 54.8 percent year-on-year and up 4.06 ...





11.1 million
mobile Sims
Belgium  |  2016 Q2

Calendar   /   Industry Events

26 Sep SCTE Cable-Tec Expo
26 Sep Microsoft Ignite
27 Sep IP Expo Nordic
27 Sep OpenDaylight Summit
27 Sep FT-ETNO Summit 2016
28 Sep BlackBerry fiscal Q2
28 Sep Telefonica Deutschland Digital Innovation Day
28 Sep EU Digital Assembly
29 Sep Ethernet Alliance Technology Exploration Forum
01 Oct India spectrum auction starts
04 Oct Micron Technology fiscal Q4
04 Oct NexTV Series 2016
04 Oct Total Telecom Congress
04 Oct Google press conference
::: More Calendar Items