The numbers of payments made in China using mobile wallet Alipay hit an all-time high of 82% in last year, according to data from the company. It revealed it had 520 million users in China 2017, while the mobile wallet was the preferred payment method for 92% of residents in the northern province of Shanxi and south-western province of Guizhou. Alipay also said the increased use of mobile wallets was down to widespread adoption of quick response codes, used by 40 million small retailers across the country.
The numbers of payments made in China using mobile wallet Alipay hit an all-time high of 82% in 2017, according to data from the company. It revealed it had 520 million users in China last year, while the mobile wallet was the preferred payment method for 92% of residents in the northern province of Shanxi and south-western province of Guizhou. Alipay also said the increased use of mobile wallets was down to widespread adoption of quick response codes, used by 40 million small retailers across the country.