In Q3 2014, total transaction value of China mobile Internet market was RMB51.56 billion ($8.39 billion) with increase of 11% quarter on quarter and 93.4% year on year according to data from iResearch.
China Mobile Security Market in Q3 2014
In Q3 2014, the number of total active users in China mobile security market was 274 million. Top 3 mobile security apps in China were 360 mobile safeguard, Tencent mobile manager and Baidu mobile safeguard with active user coverage of 50.9%, 40.9% and 23.5% respectively in Q3 2014
Apple Adds UnionPay Payment for App Store Customers in China
Apple today announced that the App Store has added UnionPay as a payment option for customers in China. China UnionPay is the most popular payment card in China and will provide App Store customers with a simple and more convenient way to purchase their favorite apps. Customers can easily link their Apple ID with a […]
Insights of China Mobile Payment (Wechat, Alipay) Users
Mobile payment is growing more and more popular as mobile internet and e-commerce developed, but mobile users needed to be guided and their mobile habits needed to be cultivated. Alipay, the largest mobile payment platform in the world, and Wechat payment are now most popular among China mobile payment users.
China Top 5 Online Payment Mobile Apps in Sep 2014
Alipay Wallet, Alipay’s mobile app brand renamed from “Alipay” and the largest mobile payment platform in the world, exceeded 62.818 million MAUs in September 2014 in China according to EnfoDesk; Alipay Wallet is the most popular mobile payment app by MAUs, followed by Tenpay, Bestpay, Alipay and Lakala.
Alipay’s Mobile Strategy with 190M Active Users
Till 16 October in China, total number of Alipay Wallet’s active users exceeded 190 million and the daily mobile payment transaction volume exceeded 45 million, accounting for more than 50% of total Alipay transactions.
China Top 4 Online Payment Mobile Apps
Alipay’s mobile app exceeded 61.339 million MAUs in August 2014 in China according to EnfoDesk, remaining the most popular mobile payment app, followed by that of Bestpay, Tenpay and Lakala. In comparison, the top three online payment providers in the first quarter of 2014 were Alipay, Tenpay and Unionpay by total mobile transactions who together represented over […]
China Online Food Ordering Market in 2014
In 2013, total transaction value of China online food ordering market exceeded RMB50.26 billion ($8.18 billion) and it is estimated to reach RMB85.04 billion ($13.85 billion) in 2014 according to data from iiMedia Research.
China’s Post-90s More Confidence and More Willing to Spend
The post-90s generation in China is the young generation who were born in 1990s, a time for Internet booming and rapid economy development. Post-90s are becoming the main consumer force and economy driver in China.
Wechat Launched Card Payment, Faster Than Using Credit Card
Wechat launched a “card payment” option with which users can make fast payment at supported retail chains; this payment is either using remaining fund in Wechat Wallet or linked to the user’s bank ATM card.
China Online Payment Market Overview for H1 2014
Alipay still dominates China’s mobile payment market in Q2 2014 as it does in online payment market. In addition, more players have entered the market including Baidu.
China Online Banking Market Exceeded $150 Trillion in 2013
China total number of e-banking transactions of commercial banks exceeded 125.54 billion in 2013 according to iResearch data.
Alipay and Huawei Launched Finger Payment Standard in China
Alipay partnered with Huawei and launched finger payment standard in China, which will be first available on Huawei’s smartphone Mate 7.
China’s Third-party Internet Payment Exceeded $302B in Q1 2014
China’s third party internet payment totalled RMB1873.15 billion (USD 302.71 billion) in Q1 2014, with a YoY growth rate of 84% according to iResearch.
Alipay Offering Fingerprint Payment Partnering with Samsung
Alipay announced its cooperation with Samsung Galaxy S5 to offer Alipay users payment by fingerprint.