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 percentage represents a big jump compared with 49.3% of the total transactions done by the same mode in 2014,” the publication says. The report also highlights how Chinese consumers are increasingly using their smartphones to pay for goods and services.
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.