Nearly two thirds (65%) of online payments in China were made through Alipay last year, findings published by the mobile payments provider and reported by ECNS reveal. “The percentage represents a big jump compared with 49.3% of the total transactions done by the same mode in 2014,” the publication says. “The Tibet autonomous region leads the country in mobile payment with 83.3% of the online payment transactions in the region made with mobile devices in 2015.”
Reports highlight that 65% of all mobile payments made in China in 2015 were made through Alipay, up from the 49.3% of mobile payments that AliPay processed in 2014, despite the increased competition in the market. The report also highlights how Chinese consumers are increasingly using their smartphones to pay for goods and services.