New data issued on the last six months revealed that China has the world's highest adoption rate of technology enabled payment methods, with just 43% of Chinese citizens surveyed completing online transactions with digital payment systems in Wednesday , compared to 86% internationally. China has the highest adoption rate in the world for technology-enabled payment systems, the media reported on Thursday. The report, released by Nielsen , the market research agency, comes as competition in the market is heating up with new contactless payment systems, such as Apple Pay and Samsung Pay, being introduced to the Chinese market.
New data issued on the last six months revealed that China has the world's highest adoption rate of technology enabled payment methods, with just 43% of Chinese citizens surveyed completing online transactions with digital payment systems in Wednesday , compared to 86% internationally. The report, released by Nielsen , the market research agency, comes as competition in the market is heating up with new contactless payment systems, such as Apple Pay and Samsung Pay, being introduced to the Chinese market.